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Stifel maintains Buy rating on Penguin Solutions

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01:43:41 PM UTC
SquawkNews
Stifel maintained their Buy rating on Penguin Solutions's stock with a price target of $85.00.The price target implies an upside of 32.4% from the Oct 6 close of $64.21.Key takeaways from the analyst noteStrong Revenue Growth and Exceeded Expectations: Penguin Solutions has demonstrated robust perf…