Confidence Growing in AML3D's U.S. Navy Prospects -- Market Talk
Dow Jones
Apr 28
0251 GMT - AML3D's investment in expanding its Ohio facility bolsters confidence in the additive-manufacturer's chances of booking significant orders from the U.S. Navy, Shaw & Partners analyst Larry Gandler says. Maintaining a buy rating on the stock, Gandler tells clients in a note that a recent market filing showed the Australian company deployed A$500,000 of capital expenditure toward the expansion. He continues to think that AML3D will report positive 2H Ebitda. The company is hitting this milestone ahead of its peers, he adds. Shaw & Partners keeps a A$0.40 target price on the stock, which is down 4.9% at A$0.195. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 27, 2026 22:51 ET (02:51 GMT)
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