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TEX stock rated a Mkt perform by Raymond James

Terex Corp’s recently made public that its Director RUSH ANDRA acquired Company’s shares for reported $48972.0 on Mar 04 ’25. In the deal valued at $36.96 per share,1,325 shares were bought. As a result of this transaction, RUSH ANDRA now holds 23,308 shares worth roughly $0.95 million.

Then, CARROLL PATRICK S bought 52 shares, generating $2,323 in total proceeds. Upon buying the shares at $44.67, the Pres., Environmental Solutions now owns 70,936 shares.

Before that, SACHS DAVID A bought 20,000 shares. Terex Corp shares valued at $995,000 were divested by the Director at a price of $49.75 per share. As a result of the transaction, SACHS DAVID A now holds 137,500 shares, worth roughly $5.63 million.

Raymond James initiated its Terex Corp [TEX] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. JP Morgan also remained covering TEX and has decreased its forecast on March 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Truist started covering the stock on March 14, 2024. It rated TEX as “a Buy”.

Price Performance Review of TEX

On Friday, Terex Corp [NYSE:TEX] saw its stock jump 1.41% to $40.97. Over the last five days, the stock has gained 0.66%. Terex Corp shares have fallen nearly -11.36% since the year began. Nevertheless, the stocks have fallen -27.24% over the past one year. While a 52-week high of $68.08 was reached on 01/30/25, a 52-week low of $36.15 was recorded on 03/04/25. SMA at 50 days reached $45.15, while 200 days put it at $52.22.

Levels Of Support And Resistance For TEX Stock

The 24-hour chart illustrates a support level at 40.15, which if violated will result in even more drops to 39.34. On the upside, there is a resistance level at 41.51. A further resistance level may holdings at 42.05. The Relative Strength Index (RSI) on the 14-day chart is 41.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.70%. Stochastics %K at 34.25% indicates the stock is a holding.

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