Piper Sandler Reiterates Overweight on Penumbra, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien has reiterated an Overweight rating on Penumbra (NYSE:PEN) and increased the price target from $200 to $225.
October 18, 2024 | 2:22 pm
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Piper Sandler has reiterated an Overweight rating on Penumbra and increased the price target from $200 to $225, indicating a positive outlook.
The reiteration of an Overweight rating and an increased price target from a reputable analyst suggests a positive outlook for Penumbra, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100