Wells Fargo Maintains Overweight on Penumbra, Raises Price Target to $337
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Penumbra (NYSE:PEN) and raised the price target from $320 to $337.
August 04, 2023 | 11:14 am
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Penumbra and raised the price target from $320 to $337, which could positively impact the stock's price.
The raised price target by Wells Fargo indicates a positive outlook for Penumbra. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100