Azek price target raised to $57 from $54 at BMO Capital

BMO Capital raised the firm’s price target on Azek (AZEK) to $57 from $54 and keeps a Market Perform rating on the shares. The company’s acquisition by James Hardie (JHX) is very good from an Azek shareholder perspective, and the firm does not expect any regulatory hurdles, the analyst tells investors in a research note.

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