Impinj (PI) Tops Q3 EPS by 6c; Guides Q3 Above the Street

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Impinj Inc (PI) PT Raised to $63 at Needham & Company

October 28, 2021 6:46 AM EDT

Needham & Company analyst James Ricchiuti raised the price target on Impinj Inc (NASDAQ: PI) to $63.00 (from $55.00) while maintaining a Buy rating.

The analyst commented, "PI posted better-than-expected Q3 results after the close, exceeding both revenue and earnings estimates despite ongoing supply constraints that... More