Penumbra price target raised to $355 from $350 at Canaccord

Group 1 - Canaccord analyst William Plovanic raised the price target on Penumbra (PEN) to $355 from $350 while maintaining a Buy rating on the shares [1] - The firm reported a strong Q3 performance driven by its US Embo/Access segment, which benefited from the Ruby XL launch [1] - A dedicated and focused salesforce was created in the first half of 2025, contributing to the positive results [1]