tiprankstipranks

Trex Company price target lowered to $62 from $71 at Loop Capital

Loop Capital lowered the firm’s price target on Trex Company (TREX) to $62 from $71 and keeps a Hold rating on the shares as part of a broader research note on Decking names. The firm’s survey reported a modest sequential decline in March quarter demand and reduced 2025 sales expectations, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue