Impinj Announces Successful Settlement of Patent Litigation

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Impinj Inc (PI) PT Raised to $125 at Roth/MKM

March 14, 2024 4:19 AM EDT

Roth/MKM analyst Scott Searle raised the price target on Impinj Inc (NASDAQ: PI) to $125.00 (from $115.00) while maintaining a Buy rating.

The analyst comments "NXP and Impinj reached a settlement and cross-licensing arrangement that will 1) pay Impinj a $45M one-time payment, 2) provide an... More