
Penumbra (PEN) Gets a Buy from RBC Capital
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According to TipRanks, Singh Chadha is an analyst with an average return of -1.0% and a 47.96% success rate. Singh Chadha covers the Healthcare sector, focusing on stocks such as Johnson & Johnson, Medtronic, and Boston Scientific.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Penumbra with a $316.67 average price target, implying a 35.09% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $283.00 price target.
Based on Penumbra's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $324.14 million and a net profit of $39.22 million. In comparison, last year the company earned a revenue of $278.66 million and had a net profit of $11 million

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