Baird Maintains Outperform on Patrick Industries, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Craig Kennison maintains an Outperform rating on Patrick Industries (NASDAQ:PATK) and raises the price target from $120 to $128.
August 02, 2024 | 2:40 pm
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Baird analyst Craig Kennison has maintained an Outperform rating on Patrick Industries and raised the price target from $120 to $128, indicating confidence in the company's future performance.
The raised price target and maintained Outperform rating from a reputable analyst suggest a positive outlook for Patrick Industries. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100