Benchmark Maintains Buy on Trex Co, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner maintains a Buy rating on Trex Co (NYSE:TREX) and raises the price target from $67 to $85.
August 04, 2023 | 11:03 am
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Benchmark analyst Reuben Garner maintains a Buy rating on Trex Co and raises the price target from $67 to $85.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on Trex Co's stock in the short term. Investors often follow analyst recommendations and price targets, which can drive the stock price up.
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IMPORTANCE 80
RELEVANCE 100