JPMorgan Chase & Co. began coverage on shares of Agility Robotics (NASDAQ:AGLT – Free Report) in a research note released on Thursday, Marketbeat reports. The firm issued a neutral rating and a $11.00 price objective on the stock.
Agility Robotics Price Performance
Shares of AGLT opened at $7.36 on Thursday. Agility Robotics has a 1 year low of $6.59 and a 1 year high of $19.69.
Agility Robotics Company Profile
Agility Robotics develops legged robots and automation systems for work in industrial and logistics environments. Its best-known product, Digit, is a bipedal robot designed to handle tasks such as moving containers and totes in warehouses and manufacturing facilities. Founded in 2015 by robotics researchers Jonathan Hurst and Damion Shelton, the company is based in Salem, Oregon. Agility has also developed RoboFab, a manufacturing facility for producing its robots, and focuses on deploying them alongside human workers to support material-handling operations.
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