Evercore ISI raised the firm’s price target on Penumbra (PEN) to $286 from $285 and keeps an Outperform rating on the shares. The company’s Q3 performance was a standout, beating Wall Street expectations across the board, the analyst tells investors in a research note. The firm added that strong growth in embolization and thrombectomy, coupled with a robust outlook, underscores a promising path forward.
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