Canaccord Genuity Reiterates a 'Buy' on 3D Systems (DDD); Impressive Analyst Day
Tweet
Share
E-mailGet Alerts DDD Hot Sheet
Price: $3.16 --0%
Rating Summary:
9 Buy, 17 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
9 Buy, 17 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Join SI Premium – FREE
Canaccord Genuity reiterates a 'Buy' on 3D Systems (NYSE: DDD), PT $27 (split adjusted).
Canaccod analyst, Bobby Burleson, said, "3D Systems' held its analyst day in New York yesterday, where the company unveiled a new logo and announced its listing on the NYSE under the symbol, DDD. The event was well attended, with formal presentations followed by an extensive question-and-answer session. Key areas of focus included opportunities in 3D consumer, not yet baked into expectations, the synergies gained from accumulating a broad portfolio of printers, materials, and services under one roof, and a renewed discussion of the company’s target operating model. We reiterate a BUY rating based on sustainable revenue growth, the resumption of operating leverage, and the scarcity value DDD’s multiple derives from being one of the only ways to play a revolution in manufacturing."
For more ratings news on 3D Systems click here and for the rating history of 3D Systems click here.
Shares of 3D Systems closed at $19.64 yesterday.
Canaccod analyst, Bobby Burleson, said, "3D Systems' held its analyst day in New York yesterday, where the company unveiled a new logo and announced its listing on the NYSE under the symbol, DDD. The event was well attended, with formal presentations followed by an extensive question-and-answer session. Key areas of focus included opportunities in 3D consumer, not yet baked into expectations, the synergies gained from accumulating a broad portfolio of printers, materials, and services under one roof, and a renewed discussion of the company’s target operating model. We reiterate a BUY rating based on sustainable revenue growth, the resumption of operating leverage, and the scarcity value DDD’s multiple derives from being one of the only ways to play a revolution in manufacturing."
For more ratings news on 3D Systems click here and for the rating history of 3D Systems click here.
Shares of 3D Systems closed at $19.64 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lowe's (LOW) PT Lowered to $275 at Guggenheim
- MDxHealth SA (MDXH) PT Lowered to $2 at BTIG
- Baird Starts Eaton Corporation (ETN) at Outperform
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
