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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100