Truist Securities Maintains Buy on AZEK Co, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on AZEK Co (NYSE:AZEK) but lowered the price target from $40 to $35.
October 17, 2023 | 5:37 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on AZEK Co but lowered the price target from $40 to $35.
The news is directly about AZEK Co. The maintained 'Buy' rating indicates continued confidence in the company's prospects, which could be positive for the stock. However, the lowered price target suggests that the analyst sees less upside potential than before, which could be negative. The net impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100