Baird Maintains Neutral on Patterson Cos, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jeff Johnson maintains a Neutral rating on Patterson Cos (NASDAQ:PDCO) and lowers the price target from $30 to $28.
August 29, 2024 | 11:48 am
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Baird analyst Jeff Johnson has maintained a Neutral rating on Patterson Cos and reduced the price target from $30 to $28, indicating a slightly bearish outlook.
The lowering of the price target from $30 to $28 by Baird suggests a slightly bearish sentiment towards Patterson Cos, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target reflects a less optimistic view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100