DA Davidson Maintains Neutral on Trex Co, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kurt Yinger maintains a Neutral rating on Trex Co (NYSE:TREX) and raises the price target from $70 to $74.
October 29, 2024 | 4:59 pm
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POSITIVE IMPACT
DA Davidson has maintained a Neutral rating on Trex Co but increased the price target from $70 to $74, indicating a slightly more positive outlook.
The increase in the price target from $70 to $74 suggests a more optimistic view on Trex Co's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100