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July 9, 2014
08:05 EDTXONEExOne stake by Novel Century a positive for shares, says FBR Capital
FBR Capital views the 15.4% stake in ExOne disclosed by Novel Century Ventures as a positive for the stock. The firm says ownership of Novel traces back to a person/entity in China, and it notes that China is one of the world's largest producers and consumers of metal forgings. ExOne management told FBR that Novel Century has not contacted the company. FBR thinks the investor, should it take a more active role, may be able to help ExOne expand and enter into strategic partnerships in China. The firm adds that should Novel launch an attempt to acquire ExOne, it could have potentially positive implications for the stock. FBR has an Outperform rating on ExOne with a $55 price target.
News For XONE From The Last 14 Days
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October 29, 2014
11:13 EDTXONEHP unveils Multi Jet Fusion 3D printer, Sprout Immersive Computing platform
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10:04 EDTXONE3D Systems, Stratasys drop after HP confirms 3D printer launch
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09:48 EDTXONEHP confirms plans to launch faster, lower-cost 3D printer system
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October 28, 2014
06:12 EDTXONEGartner says worldwide shipments of 3D printers to reach over 217,000 in 2015
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October 22, 2014
10:09 EDTXONEOn The Fly: Analyst Initiation Summary
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October 21, 2014
16:18 EDTXONEExOne initiated with an Outperform at Oppenheimer
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