Key Takeaways From Penumbra Analyst Ratings
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have published ratings on Penumbra (NYSE:PEN), with 3 being bullish and 1 somewhat bullish. The average 12-month price target is $257.25, down 9.66% from the previous $284.75. Analysts from BTIG, Citigroup, Canaccord Genuity, and Piper Sandler have all lowered their price targets.
July 15, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Penumbra (NYSE:PEN) has received mixed analyst ratings over the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target has decreased by 9.66% to $257.25. Analysts from BTIG, Citigroup, Canaccord Genuity, and Piper Sandler have all lowered their price targets.
The decrease in the average 12-month price target by 9.66% and the fact that all four analysts have lowered their price targets indicate a bearish sentiment. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100