Roth MKM Maintains Buy on Impinj, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $95 to $115, indicating a positive outlook on the company's stock.
February 09, 2024 | 7:39 pm
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POSITIVE IMPACT
Roth MKM analyst Scott Searle maintains a Buy rating on Impinj and raises the price target from $95 to $115.
The increase in price target by Roth MKM reflects a strong confidence in Impinj's future performance. Such a positive adjustment from a reputable analyst is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100