Citigroup Maintains Buy on Penumbra, Raises Price Target to $390
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Joanne Wuensch maintains a Buy rating on Penumbra (NYSE:PEN) and raises the price target from $325 to $390.
July 11, 2023 | 2:39 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Penumbra and raises the price target from $325 to $390, which could lead to a positive impact on the stock.
The raised price target by Citigroup indicates a positive outlook for Penumbra. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100