Piper Sandler Reiterates Overweight on Penumbra, Maintains $335 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien has reiterated an Overweight rating on Penumbra (NYSE:PEN) and maintained a price target of $335.
September 19, 2023 | 3:30 pm
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Piper Sandler has reiterated an Overweight rating on Penumbra, maintaining a price target of $335.
The reiteration of an Overweight rating by Piper Sandler indicates a positive outlook for Penumbra. The maintained price target of $335 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100