Needham Maintains Buy on Impinj, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $115 to $120.
February 09, 2024 | 12:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham maintains a Buy rating on Impinj and raises the price target from $115 to $120.
The increase in price target by Needham reflects a positive outlook on Impinj's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100