JMP Securities Reiterates Market Outperform on Xometry, Maintains $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Nicholas Jones has reiterated a 'Market Outperform' rating on Xometry (NASDAQ:XMTR) and maintained a $24 price target.
July 17, 2023 | 1:24 pm
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JMP Securities has reiterated a 'Market Outperform' rating on Xometry, maintaining a $24 price target.
The reiteration of a 'Market Outperform' rating by JMP Securities indicates a positive outlook for Xometry. The maintained price target of $24 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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