PENG Similar Chart Price Prediction
The price of PENG is predicted to go up 1.14%, based on the high correlation periods with BDJ. The similarity of these two price pattern on the periods is 92.25%.
PENG
BDJ
Up: 1.14%Similarity: 92.25%
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PENG Analyst's Forecast
Ananda Baruah
Loop Capital
Strong Buy
2025-01-07
Price Target
$30
Upside
+51.21%
Loop Capital last night initiated coverage of Penguin Solutions with a Buy rating and $30 price target. The firm believes Penguin is an "on-the-come" generative artificial intelligence related company "with teeth in important areas of critical next generation technology." It sees the company as having multiple catalysts over the next 12-24 months, both fundamental and a "special situation" via SK Telecom, that make the story "very intriguing."
Rustam Kanga
JMP Securities
Buy
2024-11-18
Price Target
$23
Upside
+37.07%
