Alliance Global Partners Maintains Buy on voxeljet, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst Brian Kinstlinger has maintained a 'Buy' rating on voxeljet (NASDAQ:VJET) but lowered the price target from $4 to $2.5.
August 21, 2023 | 3:59 pm
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The 'Buy' rating on voxeljet is maintained by Alliance Global Partners, but the price target is lowered from $4 to $2.5.
The maintained 'Buy' rating indicates that Alliance Global Partners still sees potential in voxeljet. However, the lowered price target suggests they expect less growth than previously anticipated. This could lead to mixed reactions in the market, potentially keeping the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100