B of A Securities Maintains Buy on Trex Co, Raises Price Target to $82
Portfolio Pulse from jenniferd'souza@benzinga.com
B of A Securities analyst Rafe Jadrosich maintains a Buy rating on Trex Co (NYSE:TREX) and raises the price target from $76 to $82.
August 01, 2023 | 1:22 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Trex Co and raises the price target from $76 to $82, indicating positive sentiment towards the stock.
The raised price target from B of A Securities indicates a positive outlook for Trex Co. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100