Pattern Group price target lowered to $17 from $21 at JPMorgan

JPMorgan analyst Doug Anmuth lowered the firm’s price target on Pattern Group (PTRN) to $17 from $21 and keeps an Overweight rating on the shares. The company reported solid Q4 results, while the 2026 guidance was modestly ahead of expectations, the analyst tells investors in a research note. The firm believes Pattern’s outlook could be conservative.