Lake Street Downgrades Markforged Holding to Hold
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Jacob Stephan has downgraded Markforged Holding (NYSE:MKFG) from a Buy to a Hold rating.
September 26, 2024 | 6:06 pm
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NEGATIVE IMPACT
Lake Street analyst Jacob Stephan downgraded Markforged Holding from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on the stock's potential performance, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100