Piper Sandler Maintains Overweight on Penumbra, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien maintains an Overweight rating on Penumbra (NYSE:PEN) and raises the price target from $225 to $235.
October 31, 2024 | 6:27 pm
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Piper Sandler has maintained an Overweight rating on Penumbra and increased the price target from $225 to $235, indicating a positive outlook.
The increase in price target from $225 to $235 by Piper Sandler suggests a positive outlook for Penumbra, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100