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Stock impact report

Citizens Reiterates Market Outperform on Penguin Solutions (PENG) After CES Meetings [Yahoo! Finance]

Penguin Solutions, Inc. (PENG) 
Company Research Source: Yahoo! Finance
The rating affirmation follows firm's meeting with company executives at the 2026 Consumer Electronics Show (CES) in Las Vegas. Firm analyst met with Penguin Solutions CEO Mark Adams and CFO Nate Olmstead at the Bellagio hotel during the technology industry event. The meeting focused on Penguin Solution's enterprise and sovereign AI opportunities. A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels The firm highlighted how PENG stock has declined an estimated 0.9% year-to-date, underperforming the Russell 3000 index. Despite the recent underperformance, the firm anticipates PENG to outperform the broader market. The firm's price target is a reflection of PENG stock's valuation, with a particular focus on its exposure to artificial intelligence. Penguin Solutions, Inc. (NASDAQ:PENG) is a leading AI and HPC computing company engaged in the design and development of enterprise solutions worldwide. While we Show less Read more
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