Baird analyst David Rescott raised the firm’s price target on Penumbra (PEN) to $325 from $316 and keeps an Outperform rating on the shares. The firm updated its model following standout Q1 results and expectations for a THUNDERBOLT-drive acceleration.
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Read More on PEN:
- Penumbra price target raised to $320 from $305 at BTIG
- Penumbra’s Strong Q1 Performance and Strategic Positioning Justify Buy Rating Despite Conservative FY25 Guidance
- Penumbra price target raised to $318 from $301 at Stifel
- Cautious Hold on Penumbra Despite Strong Q1 Performance and Promising Thunderbolt Prospects
- Penumbra, Inc. Reports Strong Q1 2025 Financial Growth
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