Equities researchers at JPMorgan Chase & Co. began coverage on shares of Agility Robotics (NASDAQ:AGLT – Get Free Report) in a note issued to investors on Thursday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $11.00 price target on the stock.
Agility Robotics Price Performance
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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