Penguin Solutions Stock Price Targets Lowered Amid Meta Sales Concerns
Penguin Solutions has faced a reduction in stock price targets, with Stifel lowering it to $27 and Rosenblatt to $30. Both adjustments stem from concerns regarding Meta's sales performance and order timing, reflecting a cautious outlook on the tech sector. These developments may impact investor confidence as stakeholders navigate the complexities of the market.
Penguin Solutions Stock Price Targets Lowered Amid Meta Sales Concerns
Penguin Solutions has faced a reduction in stock price targets, with Stifel lowering it to $27 and Rosenblatt to $30. Both adjustments stem from concerns regarding Meta's sales performance and order timing, reflecting a cautious outlook on the tech sector. These developments may impact investor confidence as stakeholders navigate the complexities of the market.
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