Cantor Fitzgerald Initiates Coverage On Proto Labs with Overweight Rating, Announces Price Target of $44
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Proto Labs (NYSE:PRLB) with an Overweight rating and set a price target of $44.
June 05, 2024 | 12:14 pm
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Cantor Fitzgerald has initiated coverage on Proto Labs with an Overweight rating and a price target of $44, indicating a positive outlook for the stock.
The initiation of coverage with an Overweight rating and a specific price target of $44 by a reputable analyst like Cantor Fitzgerald is likely to boost investor confidence in Proto Labs. This positive sentiment could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100