Pacific Crest Securities on Sunday raised its price target on Impinj stock to 36 from 29 and reiterated its overweight rating.
Seattle-based Impinj (PI), a provider of inventory-tracking technology using radio frequency identification (RFID) tags, has been a hot stock since its initial public offering this summer.
Source: Hot IPO Impinj Nabs Price-Target Hike On IoT Outlook | Stock News & Stock Market Analysis – IBD