Trex's Price Target Cut By Several Analysts After Q2 Results
Barclays analyst Matthew Bouley lowered the price target for Trex Company Inc (NYSE:TREX) to $53 (a downside of 2.7%) from $63 while maintaining the Equal Weight ratings on the shares. The analyst stated that while de-stocking was anticipated by investors following AZEK Company Inc. (NYSE:AZEK) report, the magnitude of the impact on TREX's sales in 2022 with subsequent gross…
Benzinga ·
Benzinga
