Piper Sandler Reiterates Overweight on Impinj, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has reiterated an Overweight rating on Impinj (NASDAQ:PI) and increased the price target from $130 to $150.
April 25, 2024 | 12:35 pm
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Piper Sandler has reaffirmed its Overweight rating on Impinj and raised its price target from $130 to $150.
The increase in price target by a reputable analyst firm like Piper Sandler typically signals a strong bullish sentiment on the stock, suggesting a positive outlook on Impinj's performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100