Piper Sandler lowered the firm’s price target on Patterson Companies (PDCO) to $24 from $26 and keeps a Neutral rating on the shares following Q2 results. Given persistent frustrations with Dental margin performance, it’s not entirely obvious to the firm that even the midpoint of the updated EPS guidance range will be achievable, Piper told investors.
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Read More on PDCO:
- Patterson Companies price target lowered to $25 from $28 at Baird
- Patterson Companies Reports Mixed Q2 Fiscal 2025 Results
- Patterson Companies price target lowered to $24 from $25 at Stifel
- Morning Movers: Fiserv shares drop following CEO’s nomination to Trump’s cabinet
- Patterson Companies cuts FY25 adjusted EPS view to $2.25-$2.35 from $2.33-$2.43
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
