Leerink Partners Initiates Coverage On Penumbra with Outperform Rating, Announces Price Target of $263
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners has initiated coverage on Penumbra (NYSE:PEN) with an Outperform rating and set a price target of $263.
September 03, 2024 | 11:29 am
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Leerink Partners has initiated coverage on Penumbra with an Outperform rating and a price target of $263, indicating a positive outlook.
The initiation of coverage with an Outperform rating and a specific price target of $263 by Leerink Partners suggests a positive sentiment towards Penumbra's stock. This is likely to influence investor perception positively, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100