Morgan Stanley’s Robert Wertheimer moved his rating on Bucyrus shares to outperform from not-rated. The company’s recent $1.3 billion acquisition of Terex’s(TEX Quote) mining machinery unit, to which investors had responded favorably, “has been underappreciated by the market, even given the 15% rise in the stock,” Wertheimer wrote in a note to clients. Wertheimer, who [...]
Morgan Stanley’s Robert Wertheimer moved his rating on Bucyrus shares to outperform from not-rated. The company’s recent $1.3 billion acquisition of Terex’s(TEX Quote) mining machinery unit, to which investors had responded favorably, “has been underappreciated by the market, even given the 15% rise in the stock,” Wertheimer wrote in a note to clients. Wertheimer, who [...]
Morgan Stanley’s Robert Wertheimer moved his rating on Bucyrus shares to outperform from not-rated. The company’s recent $1.3 billion acquisition of Terex’s(TEX Quote) mining machinery unit, to which investors had responded favorably, “has been underappreciated by the market, even given the 15% rise in the stock,” Wertheimer wrote in a note to clients. Wertheimer, who [...]