Impinj price target raised to $255 from $235 at Susquehanna

Susquehanna raised the firm’s price target on Impinj (PI) to $255 from $235 and keeps a Positive rating on the shares. The firm said it was a solid quarter and its modestly better 4Q guide is perhaps a disappointment given elevated sentiment and stock outperformance into the print. Susquehanna notes E-commerce a growing opportunity.