Nextech3D.AI price target lowered to 50c from $1 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Nextech3D.AI to 50c from $1 and keeps a Buy rating on the shares post the Q3 report. The analyst says that while the company’s revenue disappointed, its operating expense discipline is impressive. Nextech3D.AI is seeing near-term pain for long-term gain as it model production moves overseas, the analyst tells investors in a research note.