Vetr lowered shares of Stratasys, Ltd. (NASDAQ:SSYS) from a strong-buy rating to a buy rating in a research note published on Tuesday morning. The firm currently has $21.00 target price on the stock.
A number of other analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Stratasys from a hold rating to a sell rating in a research report on Tuesday. Standpoint Research assumed coverage on shares of Stratasys in a research report on Tuesday, January 3rd. They set a buy rating and a $24.00 target price for the company. Needham & Company LLC reissued a buy rating and set a $21.00 target price on shares of Stratasys in a research report on Wednesday, December 28th. Brean Capital reissued a hold rating on shares of Stratasys in a research report on Friday, December 16th. Finally, Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a $18.00 target price on shares of Stratasys in a research report on Tuesday, December 13th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $22.00.
Stratasys (NASDAQ:SSYS) traded up 0.43% during mid-day trading on Tuesday, reaching $18.86. The company’s stock had a trading volume of 393,457 shares. Stratasys has a 52-week low of $14.48 and a 52-week high of $30.46. The company’s market cap is $992.02 million. The firm has a 50 day moving average price of $18.47 and a 200 day moving average price of $20.69.
ILLEGAL ACTIVITY WARNING: “Stratasys, Ltd. (SSYS) Downgraded to Buy at Vetr Inc.” was published by Community Financial News and is the propert of of Community Financial News. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international copyright laws. The correct version of this news story can be accessed at https://www.com-unik.info/2017/01/11/stratasys-ltd-ssys-downgraded-to-buy-at-vetr-inc.html.
A number of institutional investors have recently made changes to their positions in SSYS. David R. Rahn & Associates Inc. boosted its position in shares of Stratasys by 39.7% in the second quarter. David R. Rahn & Associates Inc. now owns 74,214 shares of the company’s stock valued at $1,699,000 after buying an additional 21,104 shares during the period. Concourse Capital Management LLC boosted its position in shares of Stratasys by 36.9% in the second quarter. Concourse Capital Management LLC now owns 27,306 shares of the company’s stock valued at $625,000 after buying an additional 7,366 shares during the period. State Board of Administration of Florida Retirement System boosted its position in shares of Stratasys by 2.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 33,076 shares of the company’s stock valued at $757,000 after buying an additional 817 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Stratasys during the second quarter valued at about $201,000. Finally, Blair William & Co. IL purchased a new position in shares of Stratasys during the second quarter valued at about $241,000. Hedge funds and other institutional investors own 60.54% of the company’s stock.
Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.
What are top analysts saying about Stratasys Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Stratasys Ltd. and related companies.