Lake Street Maintains Buy on Impinj, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Troy Jensen maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $155 to $190.
July 25, 2024 | 4:50 pm
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Lake Street analyst Troy Jensen has maintained a Buy rating on Impinj and increased the price target from $155 to $190, indicating strong confidence in the company's future performance.
The increase in the price target from $155 to $190 by a reputable analyst suggests strong future performance expectations for Impinj. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100