Truist has lowered its price goal for Patrick Industries from $108 to $88.

Oct 23, 2026, 6:12 PM ETOpinionRead the original at marketscreener.com

Bad for PATK

Truist cut its estimate of PATK's share value from $108 per share to $88 per share, pointing to less expected value. It kept its Buy rating, but the cut makes the update unfavorable for PATK.

PATK · Patrick Industries, Inc.

AI read · Bad for PATK

The AI's read

The lower estimate suggests Truist now sees less value in PATK shares. Keeping its Buy rating shows continued support, but it does not erase the cut. The story reports no new company sales or profit results.

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