Stifel raised the firm’s price target on Pattern Group (PTRN) to $22 from $18 and keeps a Buy rating on the shares. Pattern put up a very healthy beat in its first quarter as a public company, with revenue growth accelerating from Q2 levels, the analyst tells investors in a research note. The firm added that, overall, it views Q3 results as a very nice start to Pattern’s life as a public company and would expect the stock to increasingly pop up in investor’s radar if the execution continues.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTRN:
- Pattern Group price target raised to $22 from $18 at Needham
- Pattern Group price target raised to $22 from $19 at BMO Capital
- Pattern Group price target raised to $21 from $18 at JPMorgan
- Pattern Group price target raised to $22 from $18 at Baird
- Pattern Group, Inc. Class A: Strong Market Position and Growth Potential Highlighted by Impressive Financial Performance and Strategic Expansion