Stifel Upgrades Trex (TREX) to Buy

Stifel analyst John Baugh upgraded Trex (NYSE: TREX) from Hold to Buy with a price target of $72.00 (from $70.00).

• Sees an attractive entry point noting the risk/reward is favorable at a sub-$60 per share valuation.

For an analyst ratings summary and ratings history on Trex click here. For more ratings news on Trex click here.

Shares of Trex closed at $59.51 yesterday.

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