Goldman Sachs Maintains Buy on Trex Co, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Buy rating on Trex Co (NYSE:TREX) and raises the price target from $89 to $108.
February 28, 2024 | 4:32 pm
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Goldman Sachs maintains a Buy rating on Trex Co and increases the price target from $89 to $108.
The upgrade in price target by a reputable analyst firm like Goldman Sachs typically signals a strong confidence in the company's future performance, potentially leading to increased investor interest and a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100