New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 1, 2014
13:48 EDTSSYS, DDDStratasys advances after analyst calls it best positioned in 3D sector
Shares of 3D printer maker Stratsys (SSYS) are higher after UBS initiated coverage of the stock with a Buy rating in a note to investors earlier today. WHAT'S NEW: 3D printing is "a disruptive innovation with a bright future," wrote UBS analyst Steven Milunovich. Stratasys is the best way to invest in this trend, partly due to its stronger execution than its peer, 3D Systems (DDD), along with the immediate potential of Stratasys' MakerBot unit, the analyst contended. Stratasys' earnings per share should rise 18% in 2014, while 3D Systems' earnings will be unchanged this year, Milunovich predicted. He set a $125 price target on Stratasys. WHAT'S NOTABLE: Milunovich initiated coverage of 3D Systems with a Neutral rating today. He thinks the company's near-term results are likely to be "bumpy" as it invests in its products and distribution this year. However, the analyst believes that 3D Systems' profits could surge in 2015. Moreover, the company's goals of increasing its revenues by 30% annually, excluding acquisitions, while raising its gross margin to 55%-60% are "aggressive but may be achievable," the analyst contended. He set a $62 price target on 3D Systems. PRICE ACTION: In early afternoon trading, Stratasys rose about 3% to trade near $109, while 3D Systems was down nearly 2%, to $58.
News For SSYS;DDD From The Last 14 Days
Check below for free stories on SSYS;DDD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2014
13:58 EDTDDDBrean Capital to hold a conference
Subscribe for More Information
13:20 EDTSSYSCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
August 29, 2014
11:00 EDTDDD, SSYSStratasys, 3D Systems rise after analyst starts coverage with Buy
Subscribe for More Information
10:19 EDTDDDOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:16 EDTDDD3D Systems initiated with a Buy at Stifel
Target $65.
06:16 EDTSSYSStratasys initiated with a Buy at Stifel
Subscribe for More Information
August 28, 2014
17:01 EDTDDD3D Systems sees Simbionix acquisition immediately accretive
Subscribe for More Information
09:23 EDTSSYSStratasys management to meet with Brean Capital
Subscribe for More Information
06:22 EDTDDD3D Systems implied volatility of 41 at lower end of index mean range
August 20, 2014
07:23 EDTSSYSBrean Capital remains a buyer of Stratasys following management meetings
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