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BMO Capital Keeps Their Buy Rating on Trex Company (TREX)

Tipranks - Tipranks - Tue Apr 21, 7:06AM CDT

BMO Capital analyst Ketan Mamtora maintained a Buy rating on Trex Company today and set a price target of $54.00.

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Mamtora covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Masco, and Trex Company. According to TipRanks, Mamtora has an average return of 13.4% and a 65.22% success rate on recommended stocks.

In addition to BMO Capital, Trex Company also received a Buy from D.A. Davidson’s Kurt Yinger in a report issued on April 9. However, today, Bank of America Securities maintained a Sell rating on Trex Company (NYSE: TREX).

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Based on Trex Company’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $161.13 million and a net profit of $2.3 million. In comparison, last year the company earned a revenue of $167.63 million and had a net profit of $9.77 million

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