Barclays Downgrades Penguin Solutions to Underweight, Maintains Price Target to $40

Benzinga Newsdesk www.benzinga.com Negative 91.9%

Neg 91.9% Neu 0% Pos 0%

Barclays analyst Tom O'Malley downgrades Penguin Solutions (NASDAQ:PENG) from Equal-Weight to Underweight and maintains the price target from $40 to $40.