Stifel Reiterates Hold on Patterson Cos, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block has reiterated a 'Hold' rating on Patterson Companies (NASDAQ:PDCO) with a maintained price target of $32.
November 28, 2023 | 5:20 pm
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Stifel analyst Jonathan Block reaffirmed a 'Hold' rating on Patterson Companies with no change to the $32 price target.
The reiteration of a 'Hold' rating and maintenance of the price target by Stifel suggests that there are no new significant short-term catalysts expected to drive Patterson Companies' stock price. The analyst's view appears to be neutral, indicating that the stock is fairly valued at its current level. Therefore, the short-term impact on the stock price is likely to be minimal, as the market has likely already priced in the analyst's expectations.
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