Impinj price target raised to $140 from $130 at Susquehanna

Susquehanna analyst Christopher Rolland raised the firm’s price target on Impinj to $140 from $130 and keeps a Positive rating on the shares. The firm previewed their semiconductors space for Q1 and raised its target onselect names despite expecting broad-based headwinds although admitting different markets/companies remain at different sections of the downcycle.