RBC Capital Remains a Hold on IMPINJ Inc (PI)

RBC Capital analyst Mitch Steves reiterated a Hold rating on IMPINJ Inc (NASDAQ: PI) yesterday and set a price target of $19. The company’s shares closed yesterday at $21.99.

According to TipRanks.com, Steves is a 5-star analyst with an average return of 25.3% and a 80.0% success rate. Steves covers the Consumer Goods sector, focusing on stocks such as Benchmark Electronics, Applied Materials, and Juniper Networks.

IMPINJ Inc has an analyst consensus of Moderate Buy, with a price target consensus of $19.25.

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The company has a one-year high of $41.97 and a one-year low of $9.95. Currently, IMPINJ Inc has an average volume of 500.5K.

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IImpinj, Inc. engages in the development and sale of RAIN Radio frequency identification solutions. Its platform allows inventory management, patient safety, asset tracking, and item authentication for the retail, healthcare, and supply chain and logistics, hospitality, food and beverage, and industrial manufacturing industries.