Canaccord Genuity Reiterates Buy on Penumbra, Maintains $284 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst William Plovanic reiterates a Buy rating on Penumbra (NYSE:PEN) and maintains a $284 price target.
February 23, 2024 | 3:06 pm
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Canaccord Genuity analyst William Plovanic reiterates a Buy rating on Penumbra and maintains a $284 price target.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst suggests a strong vote of confidence in Penumbra's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100