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Fly News Breaks for February 25, 2020
TREX
Feb 25, 2020 | 07:41 EDT
DA Davidson analyst Kurt Yinger downgraded Trex Company to Neutral from Buy but raised his price target to $104, up from $102, after its "solid" Q4 revenue and earnings beat. The analyst notes that he remains positive on the company's fundamental trajectory in 2020 and continues to see Trex as a standout in the building products space, but with shares trading at nearly an all-time high expected EBITDA multiple valuation, he sees the risk-reward on the stock as balanced.
News For TREX From the Last 2 Days
TREX
May 20, 2022 | 09:33 EDT
Institutional investors and professional traders rely on The Fly to learn which companies the best analysts on Wall Street are saying to buy and sell. Research analysts at... To see the rest of the story go to thefly.com. See Story Here