Baird Initiates Coverage On Penumbra with Outperform Rating, Announces Price Target of $375
Portfolio Pulse from richadhand@benzinga.com
Baird analyst David Rescott has initiated coverage on Penumbra (NYSE:PEN) with an Outperform rating and a price target of $375.
July 19, 2023 | 8:45 am
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POSITIVE IMPACT
Penumbra has received an Outperform rating from Baird with a price target of $375.
The Outperform rating from Baird indicates a positive outlook for Penumbra. The price target of $375 suggests a significant upside potential from the current price. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100