Stifel Maintains Buy on Trex Co, Raises Price Target to $73
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stanley Elliott maintains a 'Buy' rating on Trex Co (NYSE:TREX) and raises the price target from $61 to $73.
July 12, 2023 | 2:57 pm
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POSITIVE IMPACT
Stifel analyst Stanley Elliott maintains a 'Buy' rating on Trex Co and raises the price target from $61 to $73. This could potentially lead to an increase in the stock price.
The raised price target by Stifel indicates a positive outlook for Trex Co. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100