Stephens & Co. Reiterates Overweight on Trex Co, Maintains $85 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Trey Grooms has reiterated an 'Overweight' rating on Trex Co (NYSE:TREX) and maintained a price target of $85.
September 08, 2023 | 3:15 pm
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POSITIVE IMPACT
Trex Co's stock rating has been reiterated as 'Overweight' by Stephens & Co. with a maintained price target of $85.
The reiteration of an 'Overweight' rating by Stephens & Co. indicates a positive outlook for Trex Co's stock. The maintained price target of $85 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100