UBS raised the firm’s price target on Penumbra (PEN) to $330 from $320 and keeps a Buy rating on the shares. Relatively limited macro exposure leaves room for potential upside, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 $330 from $315 at RBC Capital
- Penumbra price target raised to $325 from $316 at Baird
- 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