Cantor Fitzgerald Initiates Coverage On Xometry with Underweight Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Xometry (NASDAQ:XMTR) with an Underweight rating and a price target of $13.
June 05, 2024 | 12:24 pm
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Cantor Fitzgerald has initiated coverage on Xometry with an Underweight rating and a price target of $13.
The Underweight rating and the price target of $13, which is below the current market price, suggest a bearish outlook from Cantor Fitzgerald. This is likely to negatively impact the stock price in the short term as investors react to the new rating and price target.
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