AZEK's Strength In Residential Business To Outpace Market Growth Amid Recycling Initiatives, Analyst Says

AZEK’s Strength In Residential Business To Outpace Market Growth Amid Recycling Initiatives, Analyst Says

August 10, 2023

in Stocks

Reading Time: 2 mins read

Stephens analyst Noah Merkousko reiterated the Overweight rating on The AZEK Company Inc. (NYSE:AZEK), raising the price target to $40 from $32.

AZEK recently reported Q3 results, where the company raised the fiscal year 2023 adjusted EBITDA outlook range to $275 million-$280 million.

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AZEK’s Strength In Residential Business To Outpace Market Growth Amid Recycling Initiatives, Analyst Says

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