Expert Ratings for Penumbra
Portfolio Pulse from Benzinga Insights
Analysts have provided ratings for Penumbra (NYSE:PEN) with 2 bullish, 2 somewhat bullish, and 1 indifferent rating in the last quarter. The average price target is $282.0, representing an implied upside from the current price of $224.11. This target has decreased by 8.29% from the previous target of $307.50. Analysts' ratings are based on company financials, future earnings predictions, and industry risk assessments.
December 12, 2023 | 6:00 pm
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POSITIVE IMPACT
Penumbra has received mostly positive ratings from analysts, with an average price target of $282, suggesting a significant upside from the current price. However, the target is down from the previous $307.50.
The majority of analysts have given Penumbra positive ratings, which could lead to increased investor confidence and a potential rise in the stock price in the short term. The decrease in the average price target may slightly temper expectations, but the overall positive sentiment is likely to prevail.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100