Patrick Industries (PATK) Tops Q3 EPS by 15c, Beats on Revenues

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Patrick Industries (PATK) PT Raised to $93 at BofA/Merrill Lynch; RV Momentum to Continue in 2018

October 24, 2017 9:29 AM EDT

BofA/Merrill Lynch raised its price target on Patrick Industries (NASDAQ: PATK) to $93.00 (from $85.00) while maintaining a Buy rating after listing ten reasons why RV sales momentum will roll into 2018.

Analyst Rafe Jadrosich raised his price target on PATK citing: (1) stronger RV momentum (68% of sales),... More