Patrick Industries price target raised to $126 from $114 at Truist

Core Viewpoint - Truist analyst Gregory Miller raised the price target on Patrick Industries (PATK) to $126 from $114 while maintaining a Buy rating, highlighting the company's strong performance in the recreation sector and earnings resilience amid macroeconomic challenges [1] Group 1: Company Performance - Patrick Industries outperformed the recreation sector in 2025, demonstrating strong earnings resilience despite macro headwinds [1] - The company's aftermarket growth through RecPro is identified as a key opportunity for expansion [1] Group 2: Revenue Insights - Powersports exposure now accounts for 9%-10% of Patrick Industries' revenue, indicating a growing segment within the company's overall business [1]