Piper Sandler Reiterates Overweight on Impinj, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has reiterated an Overweight rating on Impinj (NASDAQ:PI) and raised the price target from $225 to $235.
October 24, 2024 | 2:00 pm
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POSITIVE IMPACT
Piper Sandler has reiterated an Overweight rating on Impinj and increased the price target from $225 to $235, indicating a positive outlook.
The reiteration of an Overweight rating and an increase in the price target by Piper Sandler suggests a positive sentiment towards Impinj's stock. 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