Deep Dive Into Penumbra Stock: Analyst Perspectives (13 Ratings)
Portfolio Pulse from Benzinga Insights
Penumbra (NYSE:PEN) has been analyzed by 13 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has decreased by 21.44% to $201.0. Analysts have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Penumbra's financials show revenue growth but challenges in profitability and asset utilization.
August 22, 2024 | 6:00 pm
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Penumbra has received mixed analyst ratings, with a notable decrease in the average price target by 21.44% to $201.0. Analysts have adjusted their ratings, reflecting market dynamics and company performance. Financially, Penumbra shows revenue growth but struggles with profitability and asset utilization.
The decrease in the average price target by 21.44% indicates a bearish sentiment among analysts. The adjustments in ratings and price targets suggest concerns about Penumbra's market position and financial performance. Despite revenue growth, the company's profitability challenges and below-average financial ratios contribute to a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100