Truist Securities Maintains Buy on Patrick Industries, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has reaffirmed a Buy rating on Patrick Industries (NASDAQ:PATK) and increased the price target from $95 to $125.
January 09, 2024 | 7:22 pm
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Truist Securities analyst Michael Swartz maintains a Buy rating on Patrick Industries and raises the price target from $95 to $125.
The increase in price target by Truist Securities is a strong positive endorsement for Patrick Industries, suggesting that the analyst sees significant upside potential for the stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100