Stratasys (SSYS) Seen as Most Attractive HP (HPQ) Takeover Target in 3D Space

Shares of Stratasys Inc. (NASDAQ: SSYS) are on watch Tuesday on speculation HP Inc. (NYSE: HPQ) could potentiality target the company is a takeover.

The speculation follows comments made at HPI's analyst meeting, where management said they were looking to partner or acquire in the 3D printing space. The comments were highlighted by Jeffereis analyst Jason North.

"We see a larger acquisition as most attractive as HP could speed its time to market by 1-2 years by acquiring a sales channel in addition to increasing its 3D printing technology offerings," North commented in a note to clients.

He sees Stratasys as the most attractive of the potential candidates.

"SSYS has the strongest reseller network, FDM, jetting, and potentially SLA, DMLS, and other technologies," North said. "DDD has a weaker reseller network but a variety of technologies. Arcam has unique technology but uses direct sales."

The firm maintained a Buy rating and price target of $44 on SSYS.

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

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