Truist Securities Maintains Buy on Trex Co, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on Trex Co (NYSE:TREX) but lowered the price target from $80 to $70.
October 17, 2023 | 5:40 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on Trex Co but lowered the price target from $80 to $70.
The news is directly related to Trex Co and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential downside, which could impact the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100