UBS analyst Priya Sachdeva raised the firm’s price target on Penumbra (PEN) to $320 from $305 and keeps a Buy rating on the shares. UBS sees continued potential upside to shares with the Q4 print and 2025 guidance increasing conviction in the company’s ability to drive further mechanical penetration and market share capture through the rollout of the CAVT portfolio, the analyst tells investors in a research note.
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- Buy Rating Reaffirmed for Penumbra: Strong Financial Performance and Promising Growth Prospects Drive Upgraded Price Target
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