Terex price target raised to $74 from $68 at Truist

Truist raised the firm’s price target on Terex to $74 from $68 and keeps a Buy rating on the shares after its Q2 earnings beat. Terex also increased its sales and margin forecast for the full year in Aerial Work Platforms segment benefiting from strong operational performance and less inefficiencies from the Monterrey startup relative to previous forecasts, the analyst tells investors in a research note.