Terex may benefit from pickup in 'big construction,' WSJ says Terex, which makes cranes and other large machines, may have 30% upside during the next year, says the Wall Street Journal. One opportunity for the equipment maker may come from a pickup in "big construction jobs" like office buildings, hospitals and schools, added the Wall Street Journal. Reference Link
Terex downgraded to Underperform from Neutral at BofA/Merrill BofA/Merrill downgraded Terex to Underperform based on Crane underperformance and peaking AWP margins. Price target lowered to $30 from $37.