Why Impinj Stock Was Gliding Higher This Week

2025-10-10 03:57:36 ET

The target of not just one but two bullish analyst notes in a matter of days, Impinj (NASDAQ: PI) 's stock was a success story this week. According to data compiled by S&P Global Market Intelligence , its shares had risen in value by 11% week to date as of late Thursday evening.

The first of the two analyses evaluating Impinj -- which makes radio frequency identification (RFID) components, and was one of the companies responsible for the growth of the Internet of Things ( IoT ) industry -- was published on Monday. This was an update from Cantor Fitzgerald's Troy Jensen detailing a significant price target raise.

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