Cantor Fitzgerald raised the firm’s price target on Impinj (PI) to $158 from $133 and keeps an Overweight rating on the shares after Q2 results beat the firm’s estimates, FactSet consensus, and company guidance. The firm raised its 2025 and 2026 sales and EPS estimates on the Q2 beat and Q3 guidance above expectations.
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- Impinj reports Q2 adjusted EPS 80c, consensus 70c
- Impinj sees Q3 adjusted EPS 47c-51c, consensus 35c