Barclays Maintains Equal-Weight on Trex Co, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Equal-Weight rating on Trex Co (NYSE:TREX) and lowers the price target from $72 to $66.
October 12, 2023 | 6:50 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Trex Co and lowered the price target from $72 to $66.
The lowering of the price target by Barclays from $72 to $66 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Trex Co's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100