Penumbra, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

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Penumbra (PEN) PT Raised to $308 at BTIG, Top Pick

February 19, 2025 5:16 AM EST

BTIG analyst Ryan Zimmerman raised the price target on Penumbra (NYSE: PEN) to $308.00 (from $270.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy and raise our PT to $308 (from $270 PT) following 4Q24 results. PEN reported 4Q rev. of $315.5M (10.8% Y/Y and 10.8% xFx), $321.3M... More