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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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