Jefferies Upgrades Pattern Group to Buy from Hold
Fintel reports that on November 12, 2026, Jefferies upgraded their outlook for Pattern Group (NASDAQGS:PTRN) (DUSE:5N0) from Hold to Buy.
This rating action follows a prior action by Jefferies on July 14, 2026, when the firm downgraded the company from Buy to Hold. Prior to the current upgrade, the stock closed at $20.36 on November 11, 2026, which also represents the pre-action close. Over a one-week period, the stock price changed by +15.09% from a baseline close of $17.69 on November 4, 2026. Over a one-month period, the stock price changed by +10.53% from a baseline close of $18.42 on October 9, 2026.
Pattern Group reported its latest earnings on November 4, 2026. The actual earnings per share (EPS) was 0.18, compared to the estimated EPS of 0.153, representing an earnings surprise of +17.65%. The company reported actual revenue of $885,847,000.00, compared to the estimated revenue of $871,678,301.00.
Other analyst firms have also recently maintained their ratings for Pattern Group. On November 5, 2026, Evercore ISI Group maintained its Outperform rating, JP Morgan maintained its Overweight rating, and Needham maintained its Buy rating. Prior to these actions, Keybanc maintained an Overweight rating on November 2, 2026.
As of November 9, 2026, the current consensus target mean for Pattern Group was $27.25, with a median target of $27.54. The current mean target represents an implied change of +33.83% from recent trading levels. The prior consensus target mean was $27.37 as of November 2, 2026, reflecting a consensus target revision of -0.44%.
For the recommendation period of November 1, 2026, the aggregate analyst recommendations consisted of 4 strong buy, 8 buy, 2 hold, 0 sell, and 0 strong sell ratings. This total of 14 recommendations resulted in 85.7% positive, 14.3% hold, and 0.0% negative ratings. These figures are identical to the prior recommendation period of October 1, 2026, which also recorded 4 strong buy, 8 buy, 2 hold, 0 sell, and 0 strong sell ratings, representing 85.7% positive, 14.3% hold, and 0.0% negative recommendations.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| November 12, 2026 | Jefferies | Hold | Buy | upgrade |
| November 5, 2026 | Evercore ISI Group | Outperform | Outperform | maintained |
| November 5, 2026 | JP Morgan | Overweight | Overweight | maintained |
| November 5, 2026 | Needham | Buy | Buy | maintained |
| November 2, 2026 | Keybanc | Overweight | Overweight | maintained |
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This story originally appeared on Fintel.