UBS Maintains Neutral on Trex Co, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $84 to $100.
February 27, 2024 | 4:57 pm
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POSITIVE IMPACT
UBS analyst John Lovallo maintains a Neutral rating on Trex Co but raises the price target from $84 to $100.
The increase in the price target from $84 to $100 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100