BMO Capital Maintains Market Perform on Trex Co, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Trex Co but lowered its price target from $82 to $67, indicating a more cautious outlook on the company's stock performance.
October 22, 2024 | 4:58 pm
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BMO Capital has maintained a Market Perform rating on Trex Co but lowered its price target from $82 to $67, suggesting a more cautious outlook on the company's stock performance.
The lowering of the price target from $82 to $67 by BMO Capital suggests a less optimistic view on Trex Co's future stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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