Evercore ISI Group Reiterates Outperform on Impinj, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has reiterated its Outperform rating on Impinj and raised the price target from $205 to $270, indicating a positive outlook for the company's stock.
October 24, 2024 | 3:16 pm
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POSITIVE IMPACT
Evercore ISI Group has reiterated its Outperform rating on Impinj and increased the price target from $205 to $270, suggesting a positive short-term outlook for the stock.
The reiteration of an Outperform rating and the increase in price target by a reputable analyst group like Evercore ISI is likely to boost investor confidence in Impinj, potentially leading to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100