RBC Capital Maintains Outperform on Penumbra, Raises Price Target to $349
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh maintains an Outperform rating on Penumbra (NYSE:PEN) and raises the price target from $303 to $349.
July 12, 2023 | 3:47 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Penumbra and raises the price target from $303 to $349, indicating a positive outlook for the stock.
The raised price target by RBC Capital 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