Patrick Industries price target raised to $115 from $108 at Roth Capital

Roth Capital analyst Scott Stember raised the firm’s price target on Patrick Industries (PATK) to $115 from $108 and keeps a Buy rating on the shares. The company posted solid and growing results with content per unit growing in all categories, the analyst tells investors in a research note. Despite still unsettled end-markets, Patrick is positioned to grow, aided by ongoing streamlining efforts, the firm added.