Piper Sandler Maintains Overweight on Penumbra, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien maintains an Overweight rating on Penumbra (NYSE:PEN) but lowers the price target from $260 to $200.
July 31, 2024 | 11:22 am
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Piper Sandler analyst Matt O'Brien maintains an Overweight rating on Penumbra but lowers the price target from $260 to $200.
The lowered price target from $260 to $200 suggests a less optimistic outlook for Penumbra's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
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