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Fly News Breaks for February 16, 2018
PATK
Feb 16, 2018 | 07:23 EDT
Wells Fargo analyst Timothy Conder believes Patrick Industries is outperforming in each end-market with "ongoing fundamental strength and solid acquisition/integration strategy execution." The analyst believes concerns over inventory build of recreational vehicles and challenges in motorhomes are overdone. The fundamentals align Patrick Industries for continued growth, Conder tells investors in a post-earnings research note. He keeps a Market Perform rating on the shares.
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