Lake Street Maintains Buy on Impinj, Raises Price Target to $251
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Troy Jensen maintains a Buy rating on Impinj (NASDAQ:PI) and raises the price target from $190 to $251.
October 24, 2024 | 4:53 pm
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POSITIVE IMPACT
Lake Street analyst Troy Jensen has reiterated a Buy rating for Impinj and increased the price target from $190 to $251, indicating a positive outlook for the stock.
The analyst's decision to maintain a Buy rating and significantly raise the price target suggests confidence in Impinj's future performance, likely leading to positive investor sentiment and potential stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100