Stifel Initiates Coverage On Penumbra with Buy Rating, Announces Price Target of $238
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mathew Blackman has initiated coverage on Penumbra (NYSE:PEN) with a Buy rating and set a price target of $238.
September 17, 2024 | 8:52 pm
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Stifel has initiated coverage on Penumbra with a Buy rating and a price target of $238, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100