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Technology Stocks : Impinj, Inc.
PI 163.81-3.1%3:59 PM EST
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From: Cooters11/3/2023 9:35:20 AM
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Impinj price target lowered to $100 from $110 at Canaccord

Canaccord lowered the firm's price target on Impinj to $100 from $110 and keeps a Buy rating on the shares. The firm said due to retail inventory destocking that started to impact Impinj's business late in Q2, combined with softer-than-anticipated retail demand, Q4 results will be adversely impacted by the ongoing inventory reduction.
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