Impinj Announces Fourth Quarter and Full Year 2016 Financial Results

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Impinj Inc (PI) PT Raised to $40 at RBC Capital Following Strong Quarterly Results

February 17, 2017 6:52 AM EST

RBC Capital Markets analyst Mitch Stevens reiterated Outperform rating and raises price target on Impinj Inc. (NASDAQ: PI) to $40 (from $37), as the company posted quarterly revenues, EPS and margins above consensus expectations.

Stevens writes, "Impinj's business continues to evolve with revenue growth of 49% and... More