Stock Market & Financial Investment News

News Breaks January 22, 2013 07:31 EDT SSYS Stratasys price target raised to $94 from $81 at Piper Jaffray Piper Jaffray's channel checks indicate Stratasys will report Q4 results slightly above consensus estimates. Piper believes the company is positioned for a solid 2013 and raised its price target for shares while reiterating an Overweight rating on the name. News For SSYS From The Last 14 Days Check below for free stories on SSYS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 16, 2013 10:03 EDT SSYS On The Fly: Analyst Downgrade Summary Subscribe for More Information 10:02 EDT SSYS William Blair gets cautious on 3D printer stocks after rally Subscribe for More Information 06:07 EDT SSYS Stratasys downgraded to Underperform from Market Perform at William Blair William Blair downgraded both 3D Systems (DDD) and Stratasys (SSYS) to Underperform citing valuations and unreasonable growth expectations. 06:06 EDT SSYS 3D Systems downgraded to Underperform from Market Perform at William Blair Subscribe for More Information May 15, 2013 10:07 EDT SSYS ExOne tumbles after reporting weaker than expected results Shares of 3D printer maker ExOne (XONE) are sinking after the company reported weaker than expected results last night. WHAT'S NEW: ExOne's first quarter earnings per share loss was higher than expected, and its revenue was lower than expected. Weakness in Europe slowed purchasing decisions by ExOne's customers in that region, the company's CEO S. Kent Rockwell said in a statement. However, the company reiterated its fiscal 2013 revenue guidance of $48M-$52M, and noted that it has continued to grow its customer base for product parts made by 3D printers. ANALYST REACTION: In a note to investors, Canaccord analyst Bobby Burleson recommended that investors use any weakness in 3D printer makers 3D Systems (DDD) and Stratasys (SSYS) as buying opportunities. ExOne is focused on selling very expensive machines, and its customer base is much less diversified than those of Stratsys and 3D Systems, Burleson wrote. Its results are more volatile than those of Stratasys and 3D systems, according to the analyst, who kept Buy ratings on both 3D Systems and Stratasys. TODAY'S PRICE ACTION: In early trading, Stratasys rose 1.3% to $91.40, 3D Systems gained 1.6% to $49.65, and ExOne tumbled 10% to $43.55. Another company in the sector, Proto Labs (PRLB), gave back 3.15% to $55. 09:19 EDT SSYS On The Fly: Pre-market Movers Subscribe for More Information May 14, 2013 11:00 EDT SSYS Stratasys May volatility elevated as shares trade at record high Subscribe for More Information 10:45 EDT SSYS Pirate3D plans Kickstarter campaign for low-cost printer, TechCrunch says Manufacturer Pirate3D is planning a Kickstarter campaign for its Buccaneer printer, which is supposed to cost only $347, but the output of the printer "looks to be just on the edge of acceptable," according to TechCrunch. Publicly traded companies that offer 3D printers include 3D Systems (DDD), Stratasys (SSYS) and ExOne (XONE). Reference Link 07:42 EDT SSYS Stratasys price target raised to $94 from $80 at Needham Subscribe for More Information May 13, 2013 14:31 EDT SSYS 3D printers advance after earnings, price target increase 3D printing companies 3D Systems (DDD) and Stratasys (SSYS) are trading higher after Stratasys reported quarterly results that beat estimates, while 3D Systems received a positive mention at research firm Canaccord. WHAT'S NEW: Earlier today, Stratasys reported first quarter earnings of 43c, beating consensus expectations by 5c, while reporting revenue that was in-line with expectations. The company also affirmed its full-year earnings and revenue views, adding that as of March 31, it has shipped 30,984 systems worldwide. ANALYST OPINION: In a note to investor's earlier today, Canaccord raised its price target on 3D Systems to $50 from $45 while reiterating a Buy rating on shares. Canaccord Genuity analyst Bobby Burleson said he believes 3D Systems' strong printer and services revenue may enable it to deliver upside to earnings forecasts. PRICE ACTION: In afternoon trading, Stratasys rose $2.06, or 2.47%, to $85.47. Shares of 3D Systems gained nearly 7% to $46.89 and are up more than 50% since March 15. 07:05 EDT SSYS Stratasys backs FY13 EPS $1.80-$1.95, consensus $1.88 Subscribe for More Information 07:04 EDT SSYS Stratasys reports Q1 EPS 43c, consensus 38c Subscribe for More Information May 10, 2013 10:00 EDT SSYS On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: 3D Systems (DDD) initiated with a Buy at Janney Capital... Actavis (ACT) initiated with an Outperform at BMO Capital... Allergan (AGN) initiated with an Outperform at BMO Capital... Emeritus (ESC) initiated with an Outperform at Wells Fargo... Ensign Group (ENSG) initiated with a Market Perform at Wells Fargo... Forest Labs (FRX) initiated with an Underperform at BMO Capital... J2 Global (JCOM) initiated with an Outperform at Wedbush... Mylan (MYL) initiated with an Underperform at BMO Capital... Splunk (SPLK) initiated with a Market Perform at FBR Capital... Teva (TEVA) initiated with an Outperform at BMO Capital... Workday (WDAY) initiated with an Outperform at Oppenheimer... Nuance (NUAN) initiated with an Outperform at Wedbush... Demandware (DWRE) initiated with an Outperform at Wedbush... Synchronoss (SNCR) initiated with an Outperform at Wedbush... Trius Therapeutics (TSRX) initiated with a Buy at Guggenheim... Proto Labs (PRLB) initiated with a Buy at Janney Capital... Stratasys (SSYS) initiated with a Buy at Janney Capital. 07:16 EDT SSYS Stratasys initiated with a Buy at Janney Capital Subscribe for More Information May 9, 2013 13:40 EDT SSYS Stratasys announces digital orthodontics deal Subscribe for More Information May 8, 2013 10:12 EDT SSYS 3D Systems falls, then halted after announcing stock offering Subscribe for More Information 07:23 EDT SSYS 3D Systems likey to use offering for acquisitions, says William Blair William Blair believes 3D Systems (DDD) is likely to use the cash from its $250M share offering for acquisitions and says its most likely takeover target is Sweden based Arcam (AMAVF). William Blair thinks Arcam is one of the top three manufacturers of metal additive fabrication equipment, which it believes would strengthen 3D Systems' product portfolio. The firm estimates that Stratasys (SSYS) and 3D Systems account for 75%-80% of global additive fabrication equipment unit sales. William Blair has Market Perform ratings on both 3D Systems and Stratasys. Sign up for a free trial to see the rest of the stories you've been missing.