DA Davidson Maintains Neutral on Trex Co, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kurt Yinger maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $89 to $80.

July 03, 2024 | 2:49 pm
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NEUTRAL IMPACT
DA Davidson analyst Kurt Yinger maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $89 to $80.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. However, the lowered price target indicates a more cautious outlook, which could lead to some investor hesitation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100