Roth MKM Maintains Buy on Impinj, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $125 to $145, indicating a positive outlook on the company's stock.
April 25, 2024 | 2:51 pm
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POSITIVE IMPACT
Roth MKM analyst Scott Searle reaffirms a Buy rating on Impinj and increases the price target to $145 from $125, showing strong confidence in the company's future performance.
The increase in price target by Roth MKM reflects a strong bullish sentiment towards Impinj, likely due to positive developments or expectations about the company's performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100