UPDATE: Dougherty & Co Upgrades Stratasys Inc. (SSYS) to Buy; Homerun Potential In Objet

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May 10, 2012 8:55 AM EDT
Get Alerts SSYS Hot Sheet
Price: $9.00 +0.33%

Rating Summary:
    16 Buy, 14 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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(Updated - May 10, 2012 9:29 AM EDT)

Dougherty & Co upgraded Stratasys Inc. (NASDAQ: SSYS) from Neutral to Buy. PT raised from $33 to $57.

Analyst, Andrea James, said, "We are upgrading Stratasys to a Buy given the homerun potential of the company’s pending merger with Objet and its new $9,900 Mojo printer, which is below the “magic” price point of $10,000 and should help to drive consumables volumes.

2012 EPS to $1.29 from $1.18, 2013 raised $0.01 to $1.37.

For an analyst ratings summary and ratings history on Stratasys Inc. click here. For more ratings news on Stratasys Inc. click here.

Shares of Stratasys Inc. closed at $49.61 yesterday.

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Analyst EPS Change, Analyst PT Change, Upgrades