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.
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IMPORTANCE 80
RELEVANCE 100