DA Davidson Maintains Neutral on Patrick Industries, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brandon Rolle maintains a Neutral rating on Patrick Industries (NASDAQ:PATK) and raises the price target from $75 to $81.

August 04, 2023 | 10:08 am
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NEUTRAL IMPACT
DA Davidson maintains a Neutral rating on Patrick Industries and raises the price target from $75 to $81.
The news is directly about Patrick Industries. DA Davidson's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in the price target from $75 to $81 suggests that they see potential for the stock's value to increase. This could have a positive impact on the stock's price in the short term, but the Neutral rating suggests that this is not guaranteed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100