BMO Capital Downgrades AZEK Co to Market Perform, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded AZEK Co from Outperform to Market Perform and lowered its price target from $53 to $50.
July 23, 2024 | 9:30 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BMO Capital has downgraded AZEK Co from Outperform to Market Perform and reduced the price target from $53 to $50, indicating a less optimistic outlook.
The downgrade from Outperform to Market Perform and the reduction in the price target suggest that BMO Capital has a less optimistic view on AZEK's future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100