Truist Securities Maintains Buy on Patrick Industries, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a Buy rating on Patrick Industries (NASDAQ:PATK) with a price target of $130.
April 12, 2024 | 4:07 pm
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Truist Securities maintains a Buy rating on Patrick Industries with a $130 price target.
The maintenance of a Buy rating and a $130 price target by Truist Securities, as reiterated by analyst Michael Swartz, signals a strong vote of confidence in Patrick Industries' future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in PATK's stock price, given the credibility of Truist Securities in the financial community.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100