<< rosenblatt | ALL News

Penguin Solutions (PENG) Receives a Rating Update from a Top Analyst

Penguin Solutions (PENG) Receives a Rating Update from a Top Analyst
Analyst Bio:

Rosenblatt Securities analyst Kevin Cassidy reiterated a Buy rating on Penguin Solutions today and set a price target of $65.00.

Based on Penguin Solutions’ latest earnings release for the quarter ending February 27, the company reported a quarterly revenue of $343 million and a net profit of $37.45 million.

Link to full article