Barclays Maintains Equal-Weight on Trex Co, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Equal-Weight rating on Trex Co (NYSE:TREX) and raises the price target from $62 to $72.
August 01, 2023 | 10:37 am
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Barclays maintains an Equal-Weight rating on Trex Co and raises the price target from $62 to $72, which could potentially attract investors.
The raised price target by Barclays indicates a positive outlook for Trex Co. This could potentially attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100