Roth MKM analyst Scott Stember raised the firm’s price target on Patrick Industries to $120 from $101 and keeps a Buy rating on the shares. The company reported an “outsized” Q4 earnings beat and the firm remains constructive on the stock despite the impact of “rough” recreation/leisure marketplace, the analyst tells investors in a research note.
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Read More on PATK:
- Patrick Industries Declares $0.55 Quarterly Cash Dividend
- Patrick Industries: Unveiling Earnings Insights for Investors
- Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend
- Patrick Industries reports Q4 EPS $1.41 with items, consensus $1.35
- PATK Earnings this Week: How Will it Perform?
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