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Penumbra price target raised to $320 from $305 at BTIG

BTIG raised the firm’s price target on Penumbra (PEN) to $320 from $305 and keeps a Buy rating on the shares. The company’s Q1 results topped estimates and as Penumbra moves through the remainder of FY25, comps ease notably within Thrombectomy, the analyst tells investors in a research note.

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