Truist Securities Maintains Buy on Penumbra, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Penumbra and raised its price target from $200 to $235, indicating confidence in the company's future performance.
October 14, 2024 | 2:23 pm
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Truist Securities has maintained a Buy rating on Penumbra and increased the price target from $200 to $235, suggesting a positive outlook for the company's stock.
The increase in the price target from $200 to $235 by Truist Securities indicates a strong positive sentiment towards Penumbra's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100