Jefferies assumed coverage of Impinj with a Buy rating and a price target of $200, up from $135, as the analyst assumed coverage of a number of U.S. semiconductor stocks. The analyst assumed coverage of the group with a bullish long-term view into a strong upcycle with duration, citing a belief that the group is “still early in the cycle” and that this one is likely stronger with AI.
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Read More on PI:
- Navigating Risky Waters: IMPINJ Inc.’s Venture into Intellectual Property Licensing
- Impinj price target raised to $155 from $118 at Lake Street
- Impinj price target raised to $145 from $125 at Roth MKM
- Impinj price target raised to $160 from $150 at Canaccord
- Impinj price target raised to $150 from $140 at Susquehanna
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