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Rosenblatt Securities reaffirmed a "buy" rating and set a $80.00 price target on shares of Penguin Solutions in a report on Friday.
Editor’s Note: The ETFs tracking benchmark indices, lede, and the headline were updated in the story.U.S. stocks look set to open on a negative note on Wednesday, with futures of the Dow Jones, S&P 500 and Nasdaq 100 indices falling, following Tuesday’s higher close.Adding to the market’s headwinds…
Penguin Solutions Inc. (NASDAQ:PENG) ended 13.08 percent higher on Wednesday at $72.61 apiece, as investors resumed buying positions after the company recorded an over-ninefold jump in profits in the fourth quarter of fiscal year 2026. In an updated report, the AI factory platform firm said that its attributable net…