New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 24, 2014
11:50 EDTSSYS, DDDStratasys bucks tech downtrend following JPMorgan upgrade
Shares of 3D printer maker Stratasys (SSYS) are rising slightly on a down day for tech stocks after JPMorgan upgraded the stock in a note to investors earlier today. WHAT'S NEW: The growth opportunities for both Stratasys and the 3D printing market "remain compelling," JPMorgan analyst Paul Coster wrote. Stratasys has the best outlook among 3D printer makers, according to Coster, who recommended buying the stock following its 21% retreat this year. The stock is attractive either for a short-term trade or a longer term investment, added the analyst. Coster believes that investors seem to be worried about the entrance of new players into the space, but he predicted that any emerging competitors would probably stick to niche areas within the sector. The analyst upgraded the stock to Overweight from Neutral and kept a $125 price target on the shares. Meanwhile, Coster said investors should avoid 3D Systems (DDD), whose valuation looks rich. The analyst kept a Neutral rating on shares of 3D Systems. PRICE ACTION: In late morning trading, Stratasys added 0.5% to $107, while 3D systems fell 0.9% to $56.25.
News For SSYS;DDD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 16, 2014
09:31 EDTDDD3D Systems downgraded to Equal Weight from Overweight at Stephens
Subscribe for More Information
09:30 EDTSSYSStratasys upgraded to Overweight from Equal Weight at Stephens
October 15, 2014
07:32 EDTDDD, SSYSUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 8, 2014
07:31 EDTDDD, SSYSFDA to hold a public workshop
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use