B. Riley Securities Maintains Buy on Trex Co, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Alex Rygiel maintains a 'Buy' rating on Trex Co (NYSE:TREX) and raises the price target from $64 to $81.
August 04, 2023 | 10:11 am
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POSITIVE IMPACT
B. Riley Securities maintains a 'Buy' rating on Trex Co and raises the price target from $64 to $81, which could lead to a positive market reaction.
The raised price target by B. Riley 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