PATK Similar Chart Price Prediction
The price of PATK is predicted to go up 0.84%, based on the high correlation periods with CVGW. The similarity of these two price pattern on the periods is 96.56%.
PATK
CVGW
Up: 0.84%Similarity: 96.56%
PATK Revenue Forecast
PATK EPS Forecast
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PATK Analyst's Forecast
Michael Swartz
Truist Securities
Strong Buy
2025-02-10
Price Target
$115 → $120
Upside
+28.47%
Truist raised the firm's price target on Patrick Industries to $120 from $115 and keeps a Buy rating on the shares as part of a broader research note on Recreational Vehicles. Following a "tumultuous" three-year stretch, the recent conversations with dealers suggest that an industry-wide demand/earnings recovery has finally arrived, the analyst tells investors in a research note. This is also supported by improved demand signals, healthier margins and cash generation, and a broader restocking posture, indicating that FY25/FY26 Street numbers could ultimately prove "conservative", Truist added.
Michael Swartz
Truist Securities
Strong Buy
2025-01-07
Price Target
$110 → $105
Upside
+26.78%
Joseph Altobello
Raymond James
Buy
2024-11-01
Price Target
$160 → $136
Upside
+17.47%
