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Patrick Industries price target raised to $155 from $140 at BMO Capital

BMO Capital raised the firm’s price target on Patrick Industries (PATK) to $155 from $140 and keeps an Outperform rating on the shares. The company’s Q4 came in better than expected and the beat was broad-based, led by strong content/market share trends and a favorable product mix – particularly in RV, the analyst tells investors in a research note.

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