Pattern Group climbs as brokerages launch coverage with bullish ratings

Pattern SpA

14/10/2025 11:38

** Shares of e-commerce accelerator Pattern Group PTRN.O rise nearly 1.4% to $14.16 in premarket after brokerages start covering the stock following the end of post-IPO quiet period

** Goldman Sachs and J.P. Morgan were the lead underwriters for the offering

** J.P. Morgan sees Pattern as a leading e-commerce accelerator poised for strong growth, driven by its proprietary tech, AI and global reach

** Jefferies says co's data-driven strategy for enhancing e-commerce performance will continue to attract and retain customers

** Its stock closed the previous session at $13.97, compared with its offer price of $14

** The following brokerages started coverage on co

Brokerage
Rating
PT
J.P. Morgan
Overweight
$18
Jefferies
Buy
$18
Needham
Buy
$18
Keybanc
Overweight
$18
Stifel
Buy
$18

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))