RBC Capital Reiterates Outperform on Penumbra, Maintains $349 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Shagun Singh has reiterated an 'Outperform' rating on Penumbra (NYSE:PEN) and maintained a price target of $349.
August 17, 2023 | 2:19 pm
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RBC Capital has reiterated an 'Outperform' rating on Penumbra, maintaining a price target of $349.
The reiteration of an 'Outperform' rating by RBC Capital indicates a positive outlook for Penumbra. The maintained price target of $349 suggests that the analyst believes the stock has potential for growth. 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