Goldman Sachs Downgrades Impinj to Neutral, Maintains Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has downgraded Impinj (NASDAQ:PI) from Buy to Neutral, while maintaining the price target at $156.

May 20, 2024 | 9:13 am
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Goldman Sachs analyst Toshiya Hari has downgraded Impinj from Buy to Neutral, while maintaining the price target at $156.
The downgrade from Buy to Neutral by a major financial institution like Goldman Sachs is likely to have a negative short-term impact on Impinj's stock price. However, the maintained price target suggests that the long-term outlook remains stable.
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