Reported about 19 hours ago
Piper Sandler has increased its price target for Impinj Inc. (NASDAQ:PI) to $140 from $100, maintaining an Overweight rating as positive commentary from Avery Dennison indicates beneficial trends for Impinj, especially in food and logistics sectors. Despite some retail decline, these newer markets have shown growth, which could favor Impinj's expansion efforts. Additionally, Susquehanna analyst Christopher Rolland has also raised his target for Impinj to $140. However, there is growing uncertainty about the latter half of 2025.
Source: YAHOO