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Northland starts Matterport with an Outperform ahead of ‘myriad catalysts’

As previously reported, Northland initiated coverage of Matterport with an Outperform rating and $3.50 price target. Matterport’s AI and data platform produces digital twins of physical spaces and related insights at scale, market penetration is under 0.1%, and the firm sees “myriad stock catalysts” that exist this year, the analyst tells investors.

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