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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.
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