Stifel Downgrades Trex Company (TREX) Stock

Trex Company, Inc. (NYSE:TREX) is one of the Worst Performing Stocks to Invest in on the Dip. On November 10, Stifel downgraded the company’s stock to “Hold” from “Buy” with a price objective of $35, down from the prior target of $61, as reported by The Fly. As per the analyst, Trex Company, Inc. (NYSE:TREX) has reset expectations for all the known headwinds. Stifel Downgrades Trex Company (TREX) Stock However, gaining confidence in the updated outlook is expected to take time. Furthermore, Stifel stated ...