Needham Maintains Buy on Impinj, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a Buy rating on Impinj (NASDAQ:PI) and raised the price target from $195 to $245.
October 24, 2024 | 11:34 am
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Needham analyst James Ricchiuti has maintained a Buy rating on Impinj and increased the price target from $195 to $245, indicating a positive outlook for the stock.
The increase in price target from $195 to $245 by a reputable analyst suggests a strong positive outlook for Impinj. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
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