Expert Outlook: AZEK Co Through The Eyes Of 12 Analysts
Portfolio Pulse from Benzinga Insights
AZEK Co (NYSE:AZEK) was analyzed by 12 analysts, showing a shift towards more bullish ratings over the last quarter with an average 12-month price target of $44.92, marking a 13.87% increase from the previous target. The company faces challenges with a -38.16% revenue decline and below industry benchmarks in profitability and efficiency metrics. Despite this, analysts have raised their price targets and ratings, reflecting optimism in its future performance.
February 08, 2024 | 6:00 pm
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AZEK Co faces mixed financial indicators with a significant revenue decline but receives optimistic analyst ratings and raised price targets.
The optimism from analysts, reflected in raised price targets and ratings, suggests a positive outlook for AZEK's stock price in the short term, despite its recent financial challenges. This could be due to anticipated recovery or strategic initiatives not fully captured in the current financials.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100