Baird Maintains Neutral on Trex Co, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Timothy Wojs maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $88 to $70.
August 07, 2024 | 3:35 pm
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Baird analyst Timothy Wojs maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $88 to $70.
The lowered price target from $88 to $70 by a reputable analyst suggests a less optimistic outlook for Trex Co, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100