Baird lowered the firm’s price target on Patterson Companies (PDCO) to $25 from $28 and keeps a Neutral rating on the shares. The firm said on the heels of another EPS miss/guidedown, it seems pretty clear the company’s visibility remains limited regarding their own businesses and end markets haven’t recently rebounded, especially dental, the way management previously anticipated.
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Read More on PDCO:
- Patterson Companies Reports Mixed Q2 Fiscal 2025 Results
- Patterson Companies price target lowered to $24 from $25 at Stifel
- Morning Movers: Fiserv shares drop following CEO’s nomination to Trump’s cabinet
- Patterson Companies cuts FY25 adjusted EPS view to $2.25-$2.35 from $2.33-$2.43
- Patterson Companies announces review of strategic alternatives