<div id="readability-page-1">Jefferies on Monday upgraded Trex (TREX) to Buy from a previous investment rating of Hold. Conversely, the firm downgraded Builders FirstSource (BLDR) to Hold from Buy as part of a broader 2026 outlook that calls for a sluggish start to the year in U.S. residential construction but improving conditions later on, according to a new sector report. In...</div>

TREX

<p>Jefferies 將 Trex (TREX) 評級上調至買入，並將 Builders FirstSource (BLDR) 評級下調至持有，理由是 2026 年美國住宅建築開局緩慢但條件改善。Trex 因股價回調和增加的市場營銷努力而被上調評級，而 Builders FirstSource 則因需求疲軟和競爭加劇而被下調評級。Jefferies 還對基礎設施和重型商業建築持積極看法，強調了 Martin Marietta、Vulcan Materials、Ferguson 和 TopBuild 等公司</p>

Trex 被 Jefferies 上調評級，而 Builders FirstSource 則被下調評級