SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Impinj, Inc.
PI 181.58-3.1%12:57 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Cooters10/21/2024 9:17:18 AM
   of 473
 
Susquehanna raises target to 260 from 215 ahead of Q3 earnings Wednesday.

Susquehanna analyst Christopher Rolland raised the firm's price target on Impinj to $260 from $215 and keeps a Positive rating on the shares. The firm previewed Q3 results for semiconductors and expects continued broad-based headwinds, particularly for Automotive and Industrial as momentum began to slow late summer. For PC, they expect notebook builds to be up for 2024 with slightly slower builds into year-end as AI PCs were not the driver most were hoping for. For Handsets, they forecast smartphone shipments to increase in 2024. For Data Center, recent server checks support a slightly stronger 2H24, driven in part by AMD/Genoa share gains. For A.I., checks remain solid, and expect hyperscaler capex revisions to support 2H and into next year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext