Impinj, Inc. Message Board

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Technology Stocks : Impinj, Inc.

PI 187.67

-7.2%

9:30 AM EST

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To: Cooters who wrote (251)	6/1/2024 8:20:59 AM
From: Cooters	of 473

Goldman Sachs downgraded Impinj to Neutral from Buy with an unchanged price target of $156. The analyst cites valuation for the downgrade given the stock's recent outperformance vis-a-vis its coverage universe. The firm awaits signs of an acceleration in RAIN RFID adoption outside of the traditional retail apparel market before once again turning positive on the stock.

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