Deutsche Bank downgraded Trex Company (TREX) to Hold from Buy with a price target of $40, down from $92. The company reported a Q3 EBITDA miss on weaker demand trends and margin, the analyst tells investors in a research note. The firm says Trex’s commentary indicates demand weakness could persist in 2026, weighing on the likelihood of a meaningful acceleration in sales growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TREX:
- Trex Company downgraded to Market Perform from Outperform at William Blair
- Trex Company Reports Strong Q3 2025 Results Amid Market Challenges
- Closing Bell Movers: AMD falls 4% on earnings, Trex, Pinterest down sharply
- Trex Company reports Q3 EPS 51c, consensus 57c
- Trex Company sees Q4 revenue $140M-$150M, consensus $199M