Canaccord analyst William Plovanic raised the firm’s price target on Penumbra (PEN) to $355 from $350 and keeps a Buy rating on the shares. The firm said they had a very nice beat in Q3 fueled by its US Embo/Access, which benefited from the Ruby XL launch and the dedicated, focused salesforce created 1H/25.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $275 from $265 at JPMorgan
- Penumbra’s Strong Financial Performance and Strategic Advancements Reinforce Buy Rating
- Buy Rating for Penumbra: Strong Q3 Performance and Future Growth Catalysts
- Penumbra, Inc. Reports Strong Q3 2025 Growth
- Closing Bell Movers: Qualcomm down 3%, Robinhood slips 2% on earnings