Needham Downgrades Fathom Digital Mfg to Hold
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti downgraded Fathom Digital Mfg (NYSE:FATH) from Buy to Hold, indicating a change in the firm's outlook on the stock.

February 21, 2024 | 10:11 am
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Needham's downgrade of Fathom Digital Mfg from Buy to Hold suggests a more cautious outlook on the company's stock.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they reflect a less optimistic view on the company's future performance. Given that this downgrade comes from a reputable analyst at Needham, it's likely to influence investor sentiment and could lead to a decrease in stock price in the short term.
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