Xometry Inc (XMTR) PT Lowered to $20 at UBS
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Wall Street analysts downgrade Xometry (XMTR) following earnings miss
March 2, 2023 11:42 AM ESTXometry, Inc. (NASDAQ: XMTR), reported earnings before the open on Wednesday, missing expectations, sending its shares almost 40% lower and prompting a flurry of analyst downgrades and price target cuts.
Both RBC Capital and JPMorgan downgraded the stock, while Goldman Sachs, Citi, UBS, Loop Capital, Lake Street Capital Markets, and Craig-Hallum cut their price targets on Xometry shares.
In a note to clients on Thursday, JPMorgan analyst Cory Carpenter downgraded Xometry to... More
