Barclays Maintains Underweight on Trex Co, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Underweight rating on Trex Co and lowers the price target from $68 to $67.
October 29, 2024 | 1:10 pm
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Barclays analyst Matthew Bouley maintains an Underweight rating on Trex Co and lowers the price target from $68 to $67.
The Underweight rating suggests a negative outlook on Trex Co's stock performance. The lowered price target from $68 to $67 indicates reduced expectations for the company's stock price, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100