Wolfe Research Initiates Coverage On AZEK Co with Outperform Rating, Announces Price Target of $43
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Truman Patterson has initiated coverage on AZEK Co (NYSE:AZEK) with an Outperform rating and set a price target of $43.
December 12, 2023 | 1:28 pm
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Wolfe Research initiated coverage on AZEK Co with an Outperform rating and a price target of $43, which may positively influence investor sentiment and the stock's performance.
Analyst ratings, especially from reputable firms like Wolfe Research, can significantly impact stock prices in the short term. An Outperform rating suggests that the analyst believes AZEK will perform better than the market or its sector, which can lead to increased investor confidence and potential stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100