Forecasting The Future: 4 Analyst Projections For Xometry
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Xometry (NASDAQ:XMTR) have varied over the last quarter, with a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 19.73%, with a current average target of $19.0. Key analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment.
August 09, 2024 | 7:00 pm
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Analysts' ratings for Xometry (NASDAQ:XMTR) have shown a mix of bullish and bearish sentiments over the last quarter. The average 12-month price target has decreased by 19.73%, with a current average target of $19.0. Key analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment.
The decrease in the average 12-month price target by 19.73% and the mixed ratings from analysts indicate a negative shift in sentiment towards Xometry. This is likely to put downward pressure on the stock price in the short term.
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