KeyBanc raised the firm’s price target on Patrick Industries (PATK) to $110 from $100 and keeps an Overweight rating on the shares. The firm notes the company delivered slightly stronger top- and bottom-line results vs. the Street highlighting the relative resilience of Patrick Industries’ diversified model and solid execution against a difficult end-market backdrop.
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Read More on PATK:
- 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
- Patrick Industries CEO provides business outlook
- PATK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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