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PEN - Penumbra, Inc.

Analyst Downgrade Signal for 02-23-2024
Analyst Downgrade Signal: PEN from Overweight to Neutral by JP Morgan
Price Target: $284>>250



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 02-23-2024
Symbol: PEN - Penumbra, Inc.
Sector: Healthcare
Industry: Medical Devices
Analyst Downgrade Signal: PEN from Overweight to Neutral by JP Morgan
Price Target: $284>>250

  PEN Technical Chart

Company Contact

Penumbra, Inc. (PEN)
1 Penumbra
Alameda, CALIFORNIA 94502
Phone: 15109952486
Website: https://www.penumbrainc.com
CEO: Mr. Adam Elsesser


Company Profile

Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, Japan, and internationally. The company offers aspiration based thrombectomy systems and accessory devices, including revascularization device for mechanical thrombectomy, such as Penumbra System under the Penumbra JET, ACE, 3D Revascularization Device, and Penumbra ENGINE brands, as well as components and accessories; neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400, POD400, PAC400, and Penumbra SMART Coil brand names; and neurovascular access systems designed to provide intracranial access for use in a range of neurovascular therapies under the Neuron, Neuron MAX, Select, BENCHMARK, DDC, and PX SLIM brands. It also provides neurosurgical aspiration tools for the removal of tissue and fluids under the Artemis Neuro Evacuation Device brand; rehabilitation tools that displays and tracks upper-extremity rehabilitation exercises under the REAL Immersive System brand name; aspiration-based thrombectomy systems for vascular applications under the Indigo System brand; and detachable embolic coil systems for peripheral embolization under the Ruby Coil and Ruby LP brand names. In addition, the company offers microcatheter for the delivery of detachable coils and occlusion devices under the LANTERN brand; and detachable, microcatheter-deliverable occlusion devices designed primarily to occlude peripheral vessels under the POD (Penumbra Occlusion Device) brand name, as well as a complementary device for use with Ruby Coil and POD for vessel occlusion under the Packing Coil and POD Packing Coil brands. The company sells its products through direct sales organizations and distributors. Penumbra, Inc. was founded in 2004 and is headquartered in Alameda, California.