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Technology Stocks : Impinj, Inc.
PI 163.84-3.1%Nov 7 9:30 AM EST

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From: Cooters10/15/2021 9:40:34 AM
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Impinj favorite small-cap idea for Semiconductors, says Goldman Sachs

Goldman Sachs analyst Toshiya Hari keeps his Buy rating and $69 price target on Impinj as part of a broader research note on Semiconductors. The company is his favorite small-cap idea in the space and he sees gradually improving supply helping it to address what has been an extended period of strong bookings, the analyst tells investors in a research note. Hari adds that the proliferation of RAIN RFID across a multitude of verticals and applications should drive above-industry average revenue growth and potentially multiple expansion for Impinj.
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