Needham Reiterates Buy on Impinj, Maintains $145 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst James Ricchiuti reiterated a Buy rating on Impinj (NASDAQ:PI) and maintained a $145 price target.

June 15, 2023 | 10:00 am
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Needham analyst James Ricchiuti reiterated a Buy rating on Impinj and maintained a $145 price target.
The reiteration of a Buy rating and maintenance of a $145 price target by Needham analyst James Ricchiuti indicates a positive outlook for Impinj's stock. This news is likely to have a positive impact on the stock price in the short term as it reaffirms the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100