Azek price target lowered to $49 from $55 at Loop Capital

Loop Capital analyst Jeffrey Stevenson lowered the firm’s price target on Azek (AZEK) to $49 from $55 and keeps a Hold rating on the shares as part of a broader research note on Decking names. The firm’s survey reported a modest sequential decline in March quarter demand and reduced 2025 sales expectations, the analyst tells investors in a research note.