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Penguin Solutions price target raised to $80 from $75 at Rosenblatt

Penguin Solutions price target raised to $80 from $75 at Rosenblatt
Analyst Bio:

Rosenblatt analyst Sajal Dogra raised the firm’s price target on Penguin Solutions (PENG) to $80 from $75 and keeps a Buy rating on the shares while transferring coverage of the stock. Shares are up 270% year-over-year in the past three months, notes the analyst, who continues to like Penguin as enterprises increasingly adopt agentic AI workloads powered by inference at scale.

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