Needham Reiterates Hold on Penumbra
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson has reiterated a Hold rating on Penumbra (NYSE:PEN).
July 31, 2024 | 10:57 am
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Needham analyst Mike Matson has reiterated a Hold rating on Penumbra (NYSE:PEN). This suggests that the analyst does not see significant upside or downside potential in the short term.
The Hold rating suggests that the analyst believes the stock is fairly valued at its current price. This typically indicates that there is no strong catalyst expected to drive the stock price significantly up or down in the short term.
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