Raymond James analyst Joseph Altobello raised the firm’s price target on Patrick Industries (PATK) to $109 from $95 and keeps an Outperform rating on the shares. While the timing and magnitude of recovery in end market demand remains uncertain, the company is well-positioned to benefit from any improvement over 2025, the analyst tells investors in a research note.
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Read More on PATK:
- Patrick Industries price target raised to $110 from $90 at Baird
- Patrick Industries price target raised to $110 from $102 at Benchmark
- Patrick Industries price target raised to $110 from $100 at KeyBanc
- Patrick Industries Reports Q2 2025 Financial Results
- Patrick Industries reports Q2 adjusted EPS $1.50, consensus $1.43