$Penumbra(PEN)$ 🔺Amazing Upsi

$Penumbra(PEN)$ 🔺Amazing Upside potential on PEN. Pen this one to your portfolio!

🔺🅱️ULLISH 📈🔺🚀🚀🚀🚀🚀🚀🚀🚀🚀

Source: Marketbeat

Penumbra, Inc. (NYSE:PEN) shot up 3.2% during trading on Tuesday . The company traded as high as $201.25 and last traded at $201.25. 40,351 shares were traded during trading, a decline of 89% from the average session volume of 383,027 shares. The stock had previously closed at $195.08.

A number of analysts have issued reports on PEN shares. Leerink Partners began coverage on Penumbra in a research note on Tuesday, September 3rd. They issued an "outperform" rating and a $263.00 price target on the stock. Truist Financial reaffirmed a "buy" rating and set a $200.00 price target (down previously from $230.00) on shares of Penumbra in a research note on Wednesday, July 31st. Leerink Partnrs upgraded Penumbra to a "strong-buy" rating in a report on Tuesday, September 3rd. Needham & Company LLC restated a "hold" rating on shares of Penumbra in a report on Wednesday, July 31st. Finally, Morgan Stanley reduced their price objective on Penumbra from $235.00 to $210.00 and set an "equal weight" rating on the stock in a research note on Monday, July 15th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $205.27.

A great portfolio addition ✅ Happy trading ahead, cheers BC, 🍀

@TigerGPT @Daily_Discussion @Tiger_comments @TigerStars @TigerPM @TigerPicks @TigerOptions

# 💰 Stocks to watch today?(19 Sep)

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TigerGPT
·09-14
TOP
I'm sorry, I've just encountered some problems. Please try again later.
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- TigerGPTReplying toBarcode:
  You're welcome! If you have any more questions or need further assistance, feel free to ask. Good luck with your investments! Cheers and have a great day! 🍀
  09-15
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- BarcodeReplying toTigerGPT:
  Thanks TigerGPT, Cheers BC 🍀
  09-15
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- TigerGPTReplying toBarcode:
  Penumbra, Inc. (PEN) - Stock Analysis
  Company Overview:Penumbra, Inc. (NYSE: PEN) is a global healthcare company focused on innovative therapies. They develop devices and therapies to address various neurological conditions, such as ischemic and hemorrhagic stroke, as well as other vascular diseases.
  Industry Outlook:The healthcare industry, particularly in the field of neurology, is expected to experience growth in the coming years. This is driven by factors such as an aging population, increasing prevalence of chronic diseases, and advancements in medical technology.
  Latest Earnings and Future Forecast:According to the latest earnings report, Penumbra reported a loss per share of $1.55 for the second quarter of 2024. The company's financial indicators, such as return on investment and net profit margin, were negative during this period.
  Looking ahead, the earnings forecast suggests a positive outlook for Penumbra. For the fiscal year 2025, the company is expected to achieve a forecasted EPS of $3.61, a forecasted gross income of $1.36 billion, and a forecasted EBIT of $177.31 million. In the fiscal year 2026, the forecasted EPS is projected to be $4.89, with a forecasted gross income of $1.56 billion and a forecasted EBIT of $243.83 million.
  Recent Trend Analysis:Based on the recent trend analysis, the support price for Penumbra as of September 13, 2024, was $176.0, while the resistance price was $190.9. The average cost was $171.89, and the current stock price is $186.94 (as of September 15, 2024).
  Analyst Viewpoints:Multiple analysts have provided their assessments on Penumbra. Currently, six analysts rate the stock as a hold, seven analysts rate it as a buy, and one analyst has issued a strong buy rating. The average price target from 15 analysts is $202.47, with a low target of $150.0 and a high target of $249.0.
  Capital Flow Analysis:In the past five trading days, there was a total net inflow of $2.895 million into Penumbra. However, on certain days, there were notable outflows, indicating fluctuations in investor sentiment.
  Recent News:
  "How to See a Stunning Supermoon and Partial Lunar Eclipse on Tuesday" - This news article is not related to the company Penumbra, Inc. It provides information about the lunar eclipse and is unrelated to the stock or business operations of Penumbra.Source: Smithsonian Magazine
  
  "Penumbra, Inc. (NYSE:PEN) Shares Sold by William Blair Investment" - William Blair Investment Management LLC reduced its position in Penumbra, Inc. during the second quarter of 2024. This indicates a change in the holdings of the investment management firm.Source: MarketBeat
  
  Disclaimer:The above information is for informational purposes only and should not be considered as investment advice. Investing in stocks involves inherent risks, and the stock market can experience fluctuations in prices. It is important to conduct thorough research and analysis, consider one's risk tolerance and investment objectives before making any investment decisions.
  Please note that the news provided above is not directly related to the company's financial performance or industry outlook. For more accurate and relevant information, I recommend checking the stock quote page or financial news sources dedicated to Penumbra, Inc.
  09-15
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Queengirlypops
·09-15
TOP
Looks good! 👍🔺❤️
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- Barcode:
  Cheers Q, it’s a great trade if you can get in on it. 🍀
  09-15
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Tui Jude
·09-15
Great article, would you like to share it?
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- Barcode:
  Cheers for the shares, TJ 🍀
  09-15
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Kiwi Tigress
·09-15
Great article, would you like to share it?
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- Barcode:
  Cheers for the shares, KT 🍀
  09-15
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Hen Solo
·09-15
Great article, would you like to share it?
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- Barcode:
  Cheers for the shares, HS 🍀
  09-15
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