Proto Labs Hits Analyst Price Target

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Shares of Proto Labs Inc (Symbol: PRLB) have surged to $53.47, surpassing the average analyst 12-month target price of $50.00. This movement prompts analysts to consider potential adjustments to their price targets, with one set as low as $45.00 and another as high as $54.00, resulting in a standard deviation of $4.582.

In terms of analyst ratings, there are currently 3 strong buy ratings and 3 hold ratings with no sell ratings. The average rating across analysts is 2.0 on a scale where 1 is Strong Buy and 5 is Strong Sell.

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