Truist Securities Maintains Buy on Patrick Industries, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz maintains a 'Buy' rating on Patrick Industries (NASDAQ:PATK) but lowers the price target from $100 to $95.
October 17, 2023 | 5:24 pm
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Truist Securities maintains a 'Buy' rating on Patrick Industries but lowers the price target from $100 to $95.
The news is directly related to Patrick Industries (PATK). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100