Impinj (NASDAQ:PI) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for Impinj is now $124.17, marking an 18.45% increase from the previous target. Analysts from firms like Canaccord Genuity and Goldman Sachs have raised their price targets, reflecting optimism about the company's future. Despite this, Impinj faces financial challenges, including a below-average market capitalization, a negative revenue trend, and a high debt-to-equity ratio.