Jefferies Maintains Hold on Trex Co, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng has maintained a Hold rating on Trex Co (NYSE:TREX) while lowering the price target from $77 to $73.
October 09, 2024 | 8:54 pm
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Jefferies analyst Philip Ng has maintained a Hold rating on Trex Co (NYSE:TREX) and lowered the price target from $77 to $73, indicating a slightly less optimistic outlook.
The lowering of the price target from $77 to $73 by Jefferies suggests a slightly less optimistic outlook for Trex Co. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on the new target.
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IMPORTANCE 80
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