Canaccord Genuity Maintains Buy on Penumbra, Lowers Price Target to $322
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst William Plovanic has maintained a 'Buy' rating on Penumbra (NYSE:PEN) but lowered the price target from $351 to $322.
August 04, 2023 | 12:01 pm
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Canaccord Genuity has maintained a 'Buy' rating on Penumbra but lowered the price target from $351 to $322.
The news is directly about Penumbra and is important for investors as it involves a change in the price target by a well-known analyst. However, the 'Buy' rating is maintained which indicates a positive outlook for the stock, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100