Penguin Solutions: Analyst Says Buy The Stock On 'Weakness Tied To Meta's Hardware Order Timing'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Penguin Solutions Inc (NASDAQ:PENG) guided to 6% revenue growth for fiscal 2026, below Street expectations of 10%, with limited near-term visibility into new hardware deployments for Meta Platforms Inc (NASDAQ:META), according to Rosenblatt Securities. The Penguin Solutions Analyst: Analyst Kevin Cassidy reiterated a Buy rating, while lowering the price target from $36 to $30. The Penguin Solutions Thesis: T ...