Cantor Fitzgerald Initiates Coverage On Materialise with Overweight Rating, Announces Price Target of $9.5
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Troy Jensen has initiated coverage on Materialise (NASDAQ:MTLS) with an Overweight rating and set a price target of $9.5.
April 24, 2024 | 10:34 am
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Cantor Fitzgerald initiated coverage on Materialise with an Overweight rating and a price target of $9.5.
The initiation of coverage by Cantor Fitzgerald with an Overweight rating and a specific price target of $9.5 suggests a positive outlook on Materialise's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term, as market participants often react positively to favorable analyst coverage.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100