July 6, 2026
Analyst Bio:
Rosenblatt raised its price target on Penguin Solutions (NASDAQ:PENG) to $75 from $65 on Monday while maintaining a Buy rating on the stock.
The firm expects Penguin Solutions to report strong results for the second half of fiscal 2026. Rosenblatt anticipates momentum in the company’s Advanced Computing and Integrated Memory product lines to accelerate in the second half of calendar 2026.
