Penguin Solutions (NASDAQ:PENG) Given New $65.00 Price Target at Rosenblatt Securities

Penguin Solutions (NASDAQ:PENG) had its target price lifted by research analysts at Rosenblatt Securities from $54.00 to $65.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Rosenblatt Securities' target price points to a potential downside of 8.48% from the company's previous close.

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