Impinj Inc (Symbol: PI) shares recently surpassed the average analyst 12-month target price of $109.86, trading at $111.83 per share. This movement prompts analysts to consider adjustments, either downgrading valuations or raising target prices, based on the company’s recent performance and market conditions.
Among the seven analysts covering Impinj, price targets vary widely, with a low of $94.00 and a high of $120.00. The standard deviation of these targets is $9.702, indicating diverse opinions on the stock’s valuation. Currently, analyst ratings for Impinj comprise five “Strong Buy” ratings and one “Buy” rating, yielding an average rating of 1.17 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.”
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