Needham Maintains Buy on Impinj, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $130 to $160.
April 25, 2024 | 10:47 am
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Needham analyst James Ricchiuti reaffirmed a Buy rating on Impinj and increased the price target from $130 to $160.
The upgrade in price target by a reputable analyst like James Ricchiuti suggests a strong confidence in Impinj's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
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