Wall Street Analysts Think Desktop Metal (DM) Could Surge 370.58%: Read This Before Placing a Bet
Desktop MetalDesktop Metal(US:DM) ZACKS·2024-07-08 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 ...

Wall Street Analysts Think Desktop Metal (DM) Could Surge 370.58%: Read This Before Placing a Bet - Reportify