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Analysts at Roth Mkm raised Patrick Industries' price target from $101.00 to $120.00 with a bullish rating, while Truist Financial also increased its target and assigned a buy rating.
Roth Mkm has increased its price target for Patrick Industries (NASDAQ: PATK) from $101.00 to $120.00, maintaining a "Buy" rating on the company's stock.
This follows similar price target increases and positive ratings from other analysts, including BMO Capital Markets, KeyCorp, and Truist Financial.
Patrick Industries reported a beat on earnings per share for its latest quarter, with earnings of $1.49, compared to the consensus estimate of $1.39.
The company has a Moderate Buy average rating and a consensus target price of $102.29.
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Los analistas de Roth Mkm elevaron el precio objetivo de Patrick Industries de 101,00 dólares a 120,00 dólares con una calificación alcista, mientras que Truist Financial también aumentó su objetivo y le asignó una calificación de compra.