3D Systems price target lowered to $59 from $65 at Pacific Crest After 3D Systems announced that it would offer at least 5.95M shares of stock, Pacific Crest views the news as a negative headline risk. The firm thinks that any large acquisitions by 3D Systems would do little to address concerns that the company is growing primarily through acquisitions. Pacific Crest recommends waiting for pullbacks before buying 3D Systems but it keeps an Outperform rating on the shares.
News For DDD From The Last 14 Days
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Piper recommends buying 3D space following pullback Piper Jaffray recommends using the recent weakness in shares of 3D printing companies as a buying opportunity, saying its Q2 reseller/industry survey yielded favorable feedback. The firm has Overweight ratings on 3D Systems (DDD), Materialise (MTLS), Materialise (MTLS), Proto Labs (PRLB) and Stratasys (SSYS). It has a Neutral rating on Voxeljet (VJET).