Trex Expands Into New Markets With Acquisition of SC Company and Launch of Trex Commercial Products

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Trex (TREX) PT Raised to $80 at FBR Capital Following 2Q EPS Beat

August 1, 2017 11:22 AM EDT

FBR Capital raised its price target on Trex (NYSE: TREX) to $80.00 (from $69.00) while maintaining a Market Perform rating following the company's 2Q. TREX reported EPS of $0.97, significantly ahead of the consensus estimate of $0.88. The company also announced the acquisition of privately held... More