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Wall Street Analysts Think Desktop Metal (DM) Could Surge 370.58%: Read This Before Placing a Bet
Desktop MetalDesktop Metal(US:DM) ZACKSยท2024-07-08 17:50

Shares of Desktop Metal, Inc. (DM) have gained 2.7% over the past four weeks to close the last trading session at $5.03, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23.67 indicates a potential upside of 370.6%. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's ...