Penumbra, Inc. (PEN) Misses Q4 EPS by 12c

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Penumbra (PEN) PT Lowered to $300 at Truist Securities

February 23, 2022 6:43 AM EST

Truist Securities analyst David Rescott lowered the price target on Penumbra (NYSE: PEN) to $300.00 (from $350.00) while maintaining a Buy rating following results.

The analyst commented, "We're bullish on PEN following the 4Q beat, and believe mgmt.'s 15-17% 2022 outlook will prove... More