Cantor Fitzgerald Maintains Overweight on Markforged Holding, Lowers Price Target to $0.85
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Troy Jensen maintains an Overweight rating on Markforged Holding (NYSE:MKFG) but lowers the price target from $1.3 to $0.85.
August 09, 2024 | 3:19 pm
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Cantor Fitzgerald analyst Troy Jensen maintains an Overweight rating on Markforged Holding (NYSE:MKFG) but lowers the price target from $1.3 to $0.85.
The lowered price target from $1.3 to $0.85 suggests a less optimistic outlook for Markforged Holding's stock performance, which could lead to a short-term decline in the stock price despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100