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Patrick Industries price target raised to $95 from $80 at Roth MKM
The Fly

Patrick Industries price target raised to $95 from $80 at Roth MKM

Roth MKM analyst Scott Stember raised the firm’s price target on Patrick Industries to $95 from $80 and keeps a Buy rating on the shares. The company posted solid results despite the impact of a plunging RV OEM production, while its non-RV businesses saw better relative performance and its aftermarket business was “relatively stable and growing”, the analyst tells investors in a research note.

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