Piper Sandler Maintains Overweight on Penumbra, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien maintains an Overweight rating on Penumbra (NYSE:PEN) and raises the price target from $300 to $335.
May 24, 2023 | 2:13 pm
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Piper Sandler analyst maintains Overweight rating on Penumbra and raises price target from $300 to $335.
The news of Piper Sandler maintaining an Overweight rating on Penumbra and raising the price target from $300 to $335 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100