6 Analysts Have This To Say About Patterson Cos
Portfolio Pulse from Benzinga Insights
In the past three months, 6 analysts have provided ratings for Patterson Cos (NASDAQ:PDCO), with a mix of bullish and indifferent sentiments. The average 12-month price target has decreased from $27.50 to $25.33. Analysts have lowered their price targets, reflecting changing market dynamics and company performance. Patterson Cos faces challenges with a -2.22% revenue decline, but maintains strong net margins and effective debt management.

October 08, 2024 | 8:00 pm
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Patterson Cos (PDCO) has received mixed analyst ratings, with a decrease in the average price target from $27.50 to $25.33. Analysts have lowered their price targets due to changing market dynamics and company performance. The company faces a -2.22% revenue decline but maintains strong net margins and effective debt management.
The decrease in the average price target and the lowering of price targets by multiple analysts suggest a negative short-term outlook for PDCO. The company's revenue decline further supports this view, although strong net margins and effective debt management provide some positive aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100