Truist Securities Maintains Buy on Patrick Industries, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Patrick Industries and raised the price target from $150 to $165, indicating confidence in the company's future performance.
September 20, 2024 | 4:07 pm
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Truist Securities has maintained a Buy rating on Patrick Industries and increased the price target from $150 to $165, suggesting a positive outlook for the company's stock.
The increase in the price target from $150 to $165 by Truist Securities indicates a strong positive sentiment towards Patrick Industries' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100