Key Takeaways From Trex Co Analyst Ratings
Portfolio Pulse from Benzinga Insights
In the past three months, 16 analysts have provided ratings for Trex Co (NYSE:TREX), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 16.88% to $84.94. Analysts have predominantly lowered their ratings and price targets for Trex Co, reflecting a cautious outlook.
August 08, 2024 | 5:00 pm
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NEGATIVE IMPACT
Analysts have mixed views on Trex Co (NYSE:TREX) with a significant decrease in the average price target to $84.94. Most analysts have lowered their ratings and price targets, indicating a cautious outlook on the stock.
The majority of analysts have lowered their ratings and price targets for Trex Co, reflecting a cautious outlook. The significant decrease in the average price target suggests that analysts are less optimistic about the company's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100