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Fly News Breaks for November 4, 2019
PI
Nov 4, 2019 | 20:10 EDT
Piper Jaffray analyst Troy Jensen raised his price target on Inpinj to $44 and kept his Overweight rating after its Q3 earnings beat and what he sees as "conservative" Q4 guidance. The analyst is "optimistic" in the company's future growth opportunities amid continued strength in the systems market and the availability of the M700 platform. Jensen further states that Impinj has now exceeded the high-end of guidance for the past 6 quarters.
News For PI From the Last 2 Days
PI
Apr 23, 2024 | 06:54 EDT
Susquehanna analyst Christopher Rolland raised the firm's price target on Impinj to $140 from $130 and keeps a Positive rating on the shares. The firm previewed their semiconductors space for Q1 and raised its target onselect names despite expecting broad-based headwinds although admitting different markets/companies remain at different sections of the downcycle.
