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Pattern Group initiated with an Overweight at JPMorgan

JPMorgan analyst Doug Anmuth initiated coverage of Pattern Group (PTRN) with an Overweight rating and $18 price target Pattern is a leading global e-commerce accelerator combining proprietary tech, artificial intelligence, and on-demand expertise to drive traffic, the analyst tells investors in a research note. The firm says Pattern is the largest third party Amazon seller in the U.S.

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