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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NEXCF: