Patterson Companies price target lowered to $34 from $39 at Piper Sandler

Piper Sandler lowered the firm’s price target on Patterson Companies to $34 from $39 and keeps an Overweight rating on the shares. The firm notes the company reported Q2 results, including revenue of $1,653M/+1% organic and EPS of 50c that finished below the Street’s, and full-year guidance was also trimmed by a dime.