In a report released today, Greg Palm from Craig-Hallum maintained a Hold rating on Desktop Metal (DM – Research Report). The company’s shares closed yesterday at $1.82.
According to TipRanks, Palm is a 4-star analyst with an average return of 10.1% and a 50.26% success rate. Palm covers the Industrials sector, focusing on stocks such as Ranpak Holdings, Skyline Champion, and Allied Motion Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for Desktop Metal with a $1.80 average price target.
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The company has a one-year high of $3.65 and a one-year low of $1.13. Currently, Desktop Metal has an average volume of 3.95M.
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Trine Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on September 26, 2018 and is headquartered in New York, NY.
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