Impinj (PI) shares fell nearly 22% in Friday trading after Evercore ISI downgraded the stock to in-line from outperform, citing Q1 2026 guidance that came in well below Wall Street expectations.
Evercore ISI also cut the price target to $112 from $273.
Trading volume was nearly 1.8 million shares, versus a daily average of about 630,000.
Price: 120.23, Change: -33.60, Percent Change: -21.84
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