UBS Maintains Neutral on Trex Co, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $104 to $79.
August 07, 2024 | 4:27 pm
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UBS analyst John Lovallo maintains a Neutral rating on Trex Co (NYSE:TREX) but lowers the price target from $104 to $79.
The lowered price target from $104 to $79 by UBS suggests a less optimistic outlook for Trex Co, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100