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Technology Stocks : Impinj, Inc.
PI 172.11-3.6%Dec 23 3:59 PM EST

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From: Cooters7/25/2024 9:23:18 AM
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Impinj price target raised to $190 from $155 at Lake Street

Lake Street raised the firm's price target on Impinj (PI) to $190 from $155 and keeps a Buy rating on the shares. The firm was "impressed" with Impinj's results and thinks the "strong" Q3 guidance will help calm investor concerns following Avery Dennison's (AVY) results earlier this week, the analyst tells investors in a post-earnings note. While the firm appreciates that some investors may push back on valuation, it believes Impinj shares can continue to work higher from current levels, the analyst added.
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