JMP Securities Maintains Market Outperform on Xometry, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Xometry (NASDAQ:XMTR) and raises the price target from $27 to $32.
October 18, 2024 | 3:32 pm
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JMP Securities has increased its price target for Xometry from $27 to $32, maintaining a Market Outperform rating. This suggests confidence in Xometry's future performance.
The increase in price target from $27 to $32 by JMP Securities indicates a positive outlook on Xometry's future performance. Maintaining a Market Outperform rating suggests that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100