DA Davidson Maintains Neutral on Trex Co, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kurt Yinger maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $70 to $73.
August 04, 2023 | 10:09 am
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NEUTRAL IMPACT
DA Davidson has maintained a Neutral rating on Trex Co and raised the price target from $70 to $73.
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 the price target could be seen as a positive signal, potentially leading to a slight increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100