Fathom Digital Manufacturing (NYSE:FATH) Research Coverage Launched at Bank of America


Bank of America equity researchers have launched a hedge on the shares of Fathom Digital Manufacturing (NYSE: FATH – Get a Review) in a report released on Friday, reports The Fly. The brokerage gave the stock a “neutral” rating.

Several other analysts also weighed in on the stock. Craig Hallum launched coverage on Fathom Digital Manufacturing shares in a research report on Wednesday, January 19. They set a “buy” rating and a target price of $11.00 on the stock. Needham & Company LLC began covering shares of Fathom Digital Manufacturing in a research report on Monday, January 24. They set a “buy” rating and a target price of $12.00 on the stock. Zacks Investment Research downgraded shares of Fathom Digital Manufacturing from a “buy” rating to a “hold” rating in a report on Monday. Stifel Nicolaus began covering shares of Fathom Digital Manufacturing in a report on Friday, February 18. They set a “buy” rating and a price target of $11.00 for the company. Finally, Lake Street Capital cut its price target on shares of Fathom Digital Manufacturing from $12.50 to $9.00 in a Monday, March 7 report. Two equity research analysts gave the stock a hold rating and three gave the company a buy rating. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $10.25.

Shares of Fathom Digital Manufacturing opened at $6.17 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.95 and a debt ratio of 0.29. The company’s 50-day simple moving average is $7.09. Fathom Digital Manufacturing has a 12-month low of $5.04 and a 12-month high of $11.50.

A number of hedge funds have recently changed their positions in FATH. Tuttle Capital Management LLC bought a new position in shares of Fathom Digital Manufacturing in the fourth quarter for a value of approximately $42,000. Siguler Guff Advisers LLC bought a new position in shares of Fathom Digital Manufacturing in the fourth quarter for a value of approximately $139,738,000. State Street Corp bought a new position in shares of Fathom Digital Manufacturing in the fourth quarter for a value of around $120,000. Centiva Capital LP bought a new position in shares of Fathom Digital Manufacturing in the fourth quarter for a value of approximately $198,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Fathom Digital Manufacturing in the fourth quarter for a value of approximately $164,000. 78.39% of the shares are held by hedge funds and other institutional investors.

About Fathom Digital Manufacturing (Get a rating)

Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturing services in North America. It provides plastic and metal additive manufacturing, CNC machining, injection molding and tooling, sheet metal fabrication, as well as urethane casting, pattern assembly and finishing, design support, and more. engineering and design and quality inspection services for technology, defense, aerospace, medical. , automotive and IOT.

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