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

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To: Cooters who wrote (106)1/12/2022 8:44:30 AM
From: Cooters   of 479
 
Impinj price target raised to $100 from $76 at Lake Street

Lake Street analyst Troy Jensen raised the firm's price target on Impinj to $100 from $76 and keeps a Buy rating on the shares following what he calls "impressive preliminary Q4 results." Positive surprises and favorable momentum continues for "the RFID leader" as quarterly demand has been outpacing shipments for the past several quarters, said Jensen, who believes Impinj is set to see an acceleration over the next several quarters with extremely high backlog levels, reader wafer supply ramping, and IC wafer supply set to improve.
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