Cantor Fitzgerald Downgrades Desktop Metal to Neutral, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has downgraded Desktop Metal (NYSE:DM) from Overweight to Neutral and lowered the price target from $12.5 to $5.5.
July 08, 2024 | 9:46 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Cantor Fitzgerald has downgraded Desktop Metal from Overweight to Neutral and significantly lowered the price target from $12.5 to $5.5.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $12.5 to $5.5 by Cantor Fitzgerald is likely to negatively impact investor sentiment and the stock price of Desktop Metal in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100