What 5 Analyst Ratings Have To Say About Penumbra
Portfolio Pulse from Benzinga Insights
Five analysts have provided ratings for Penumbra (NYSE:PEN) in the last quarter, with one being bullish, two somewhat bullish, and two indifferent. The average price target is $301.8, representing an upside from the current price of $187.0. This average is a 7.85% decrease from the previous average price target of $327.50.
November 03, 2023 | 6:00 pm
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POSITIVE IMPACT
Analysts' ratings indicate a potential upside for Penumbra's stock price. However, the average price target has decreased by 7.85% from the previous quarter.
The ratings from analysts indicate a potential upside for Penumbra's stock price, which is a positive signal for investors. However, the decrease in the average price target could indicate a less optimistic outlook compared to the previous quarter, which could potentially limit the upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100