Truist Securities Maintains Buy on Penumbra, Raises Price Target to $370
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst David Rescott maintains a 'Buy' rating on Penumbra (NYSE:PEN) and raises the price target from $350 to $370.
July 19, 2023 | 1:53 pm
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Truist Securities maintains a 'Buy' rating on Penumbra and raises the price target from $350 to $370, indicating a positive outlook for the stock.
The raised price target by Truist Securities 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