Stifel Maintains Buy on Trex Co, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Trex Co (NYSE:TREX) and raises the price target from $90 to $107, indicating a positive outlook on the company's stock.
February 27, 2024 | 2:56 pm
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POSITIVE IMPACT
Stifel analyst Stanley Elliott maintains a Buy rating on Trex Co and raises the price target from $90 to $107, suggesting a strong bullish sentiment towards the company's stock.
The increase in price target by a reputable analyst from Stifel, Stanley Elliott, directly impacts investor sentiment towards Trex Co, likely leading to a positive short-term price movement. The upgrade reflects confidence in the company's future performance, making it a critical piece of information for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100