Truist Securities Maintains Buy on Trex Co, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a 'Buy' rating on Trex Co (NYSE:TREX) and raises the price target from $65 to $80.
August 01, 2023 | 3:24 pm
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POSITIVE IMPACT
Truist Securities maintains a 'Buy' rating on Trex Co and raises the price target from $65 to $80, which could lead to a positive market reaction.
The raised price target by Truist Securities indicates a positive outlook for Trex Co. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100