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Benzinga
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Penguin Solutions Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. PENG reports earnings on October 7, expecting 37 cents per share. 2. Projected revenue is $342.11 million, up from $311.15 million last year. 3. Analysts maintain positive ratings, raising price targets for PENG. 4. Shares rose 1.4% to $27.46 ahead of earnings release. 5. Investor sentiment remains neutral despite market highs.

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FAQ

Why Bullish?

Analysts raise price targets consistently, indicating strong investor confidence in PENG's growth.

How important is it?

The article outlines positive earnings expectations and analyst upgrades, crucial for investor decisions.

Why Short Term?

Upcoming earnings could yield immediate stock price movement based on results and guidance.

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