Goldman Sachs Maintains Buy on Impinj, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Impinj (NASDAQ:PI) but lowers the price target from $101 to $89.
October 26, 2023 | 1:47 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Impinj but lowers the price target from $101 to $89.
The news is directly related to Impinj and is likely to influence investor sentiment. While the Buy rating is maintained, the lowering of the price target may indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100