BMO Capital raised the firm’s price target on Azek to $46 from $39 and keeps an Outperform rating on the shares. The company’s Q1 earnings beat saw healthy demand, shelf space wins, and inventories at 20% below historical averages, creating an encouraging set-up heading into the spring construction season, the analyst tells investors in a research note.
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Read More on AZEK:
- Azek price target raised to $49 from $43 at RBC Capital
- Azek price target raised to $48 from $40 at Truist
- Azek price target raised to $52 from $44 at Loop Capital
- Azek price target raised to $52 from $44 at Stifel
- Azek price target raised to $52 from $45 at DA Davidson
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