Goldman Sachs Maintains Buy on Impinj, Raises Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $130 to $156.
April 26, 2024 | 4:03 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Impinj and increases the price target to $156.
The upgrade in price target by a reputable analyst firm like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100