Terex Corporation (TEX) has disclosed a new risk, in the Capital Markets category.
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Terex Corporation faces significant risks from the imposition of new or increased international tariffs, which could adversely affect its business operations and financial health. The tariffs, particularly on goods traded between the U.S. and countries like China, Mexico, and Canada, could lead to increased costs for materials and machinery, reducing profit margins and competitiveness. While the company has employed strategies to mitigate some impacts, such as the duty draw-back mechanism and prudent sourcing, the potential end of tariff exclusions and new tariff implementations pose considerable challenges. These trade barriers may necessitate costly operational adjustments and could also dampen demand for Terex’s products in international markets.
The average TEX stock price target is $52.67, implying 17.70% upside potential.
To learn more about Terex Corporation’s risk factors, click here.
