Canaccord Genuity Maintains Buy on Penumbra, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on Penumbra and increased the price target from $176 to $235, indicating a positive outlook for the company's stock.
October 16, 2024 | 6:06 pm
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Canaccord Genuity has maintained a Buy rating on Penumbra and increased the price target from $176 to $235, suggesting a positive outlook for the stock.
The increase in the price target from $176 to $235 by Canaccord Genuity reflects 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