B of A Securities Maintains Buy on Patterson Cos, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Cherny maintains a Buy rating on Patterson Cos (NASDAQ:PDCO) but lowers the price target from $31 to $29.
August 29, 2024 | 12:08 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Patterson Cos but lowers the price target from $31 to $29, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Patterson Cos, but the lowered price target indicates a slightly less optimistic view on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100