Baird Maintains Neutral on Trex Co, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Timothy Wojs maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $70 to $78.
October 29, 2024 | 11:56 am
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Baird analyst Timothy Wojs has maintained a Neutral rating on Trex Co but increased the price target from $70 to $78, indicating a positive outlook.
The increase in the price target from $70 to $78 suggests a positive outlook for Trex Co, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100