Why ExOne Stock Soared Today

Why ExOne Stock Soared Today

Shares of ExOne (NASDAQ: XONE) have soared today, up by 20% as of 2:30 p.m. EST on Tuesday after getting a bullish initiation from Wall Street. Stifel kicked off coverage of ExOne with a buy rating while assigning a price target of $20. ExOne is a clear leader in binder jetting technology, and the COVID-19 pandemic has accelerated its adoption as companies look to address vulnerabilities that were exposed by the public health crisis.