RBC Capital has decided to maintain its Outperform rating of Xometry XMTR and lower its price target from $60.00 to $54.00.
Shares of Xometry are trading down 6.81% over the last 24 hours, at $40.19 per share.
A move to $54.00 would account for a 34.38% increase from the current share price.
Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting.
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