Citi Adjusts Xometry Share Price Target in Response to Macroeconomic Worries

Tuesday, 28 May 2024, 12:13

Citi has revised the share price target of Xometry to $24, attributing the move to prevailing macroeconomic concerns. This adjustment sheds light on the impact of broader economic conditions on specific companies' valuations, prompting investors to reevaluate their strategies when considering such factors.
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Citi Adjusts Xometry Share Price Target in Response to Macroeconomic Worries

Citi Lowers Xometry Share Price Target

Citi has recently revised its share price target for Xometry to $24 in response to concerns about the macroeconomic outlook.

Impact of Macroeconomic Conditions

Citi adjusted the Xometry share price target to $24, citing macro concerns as the primary reason for the change. This move underlines the interconnected nature of financial markets with broader economic conditions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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