Baird Maintains Neutral on Trex Co, Raises Price Target to $84
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Timothy Wojs maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $78 to $84.

August 01, 2023 | 12:49 pm
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NEUTRAL IMPACT
Baird analyst maintains a Neutral rating on Trex Co and raises the price target from $78 to $84.
The news is directly about Trex Co. The analyst's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100