Raymond James analyst Joseph Altobello raised the firm’s price target on Patrick Industries (PATK) to $103 from $99 and keeps an Outperform rating on the shares. The company is well-positioned to benefit from any improvement over 2025 even though the timing and magnitude of recovery in end market demand remains uncertain, the analyst tells investors in a research note.
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Read More on PATK:
- Patrick Industries price target raised to $115 from $103 at BMO Capital
- Patrick Industries price target raised to $110 from $100 at KeyBanc
- Patrick Industries, Inc. Reports Robust 2024 Financial Performance
- Patrick Industries Reports Q4 Sales Growth Amid Strategic Moves
- Patrick Industries reports Q4 adjusted EPS 52c, consensus 53c
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