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Terex Corp

TEX: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$84.00TjdhyNmqnmmrl

We Remain Positive on Terex's Long-Term Prospects, Despite Near-Term Moderation

Business Strategy and Outlook

Terex has an extensive product portfolio of aerial lifts and materials processing equipment. We believe it will continue to be one of the top companies in the heavy equipment industry, with strong brands that resonate with users across the construction, industrial, utility, mining, and residential markets. Customers value Terex’s high-quality and strong-performing products, which also have good residual values. In addition, Terex helps customers reduce their total cost of ownership through improved operational and fuel efficiency, limited machine downtime, and consistent parts availability.

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