Goldman Sachs Maintains Buy on Xometry, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Montanari has reaffirmed a Buy rating on Xometry (NASDAQ:XMTR) and increased the price target from $29 to $46, indicating a positive outlook on the company's stock.
January 22, 2024 | 12:56 pm
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Goldman Sachs analyst has maintained a Buy rating on Xometry and raised the price target to $46, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable investment bank like Goldman Sachs typically signals a bullish outlook on the stock, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
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