A Closer Look at 15 Analyst Recommendations For Trex Co
Portfolio Pulse from Benzinga Insights
In the last three months, 15 analysts have provided ratings for Trex Co (NYSE:TREX), with a mix of bullish and bearish perspectives. The average 12-month price target is now $78.6, down from a previous $94.73, reflecting a 17.03% decline. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance.
October 29, 2024 | 2:00 pm
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Trex Co has received mixed analyst ratings over the past three months, with a notable decline in the average price target from $94.73 to $78.6. This reflects a 17.03% decrease, indicating a more cautious outlook from analysts.
The article highlights a significant decrease in the average price target for Trex Co, from $94.73 to $78.6, indicating a more cautious stance from analysts. The mix of bullish and bearish ratings suggests uncertainty about the company's short-term prospects, likely leading to downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100