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Technology Stocks : Impinj, Inc.
PI 187.44-7.3%Nov 3 3:59 PM EST
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To: Cooters who wrote (240)4/25/2024 9:38:37 AM
From: Cooters   of 473
 
Piper Sandler analyst Harsh Kumar raised the firm's price target on Impinj to $150 from $130 and keeps an Overweight rating on the shares. The firm notes Impinj reported an excellent quarter and guide not only driven the one-time royalty payment in Q2 but also organic growth in endpoint ICs. Most importantly, Impinj is seeing green shoots in a lot of interesting end markets, including and outside its core retail apparel market, Piper adds.
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