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Velo3D (NYSE:VLD) Upgraded by Zacks Investment Research to “Hold”

Velo3D (NYSE:VLD) Upgraded by Zacks Investment Research to “Hold”

Written by David

May 26, 2022

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Velo3D (NYSE:VLD) Upgraded by Zacks Investment Research to “Hold”

Velo3D ( NYSE:VLD – Get Rating ) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, Zacks.com reports. According to Zacks, “Velo3D is a metal 3D printing technology company. It provides end-to-end additive manufacturing solutions. The end-to-end solution includes the Flow(TM) print preparation software, the Sapphire(R)family of printers, and the Assure(TM) quality control system all of which are powered by Velo3D’s Intelligent Fusion(TM) manufacturing process. Velo3D is a metal 3D, formerly known as JAWS Spitfire Acquisition Corporation, is based in NEW YORK. “ Several other equities analysts have also recently issued reports on VLD. Bank of America cut Velo3D from a “neutral” rating to an “underperform” rating and set a $7.00 price target on the stock. in a research report on Friday, March 4th. Needham & Company LLC lowered their price target on Velo3D from $15.00 to $6.00 in a research report on Wednesday, May 11th. Shares of Velo3D stock traded up $0.02 on Thursday, reaching $2.20. 9,063 shares of the company were exchanged, compared to its average volume of 1,126,468. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.26 and a […]

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