Imperial Capital Starts 3D Systems (DDD) at Outperform
Get Alerts DDD Hot Sheet
Rating Summary:
8 Buy, 18 Hold, 6 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Imperial Capital initiates coverage on 3D Systems (NYSE: DDD) with a Outperform rating and a price target of $60.00.
Analyst Ashok Kumar called the company the overall market leader with a near 25% share of the total worldwide 3D printer market. He said "while long-run opportunities remain intact, near-term investor concerns tend to center around investment impact on earnings growth, the mix of high margin consumables, and time line for the company's consumer initiatives."
For an analyst ratings summary and ratings history on 3D Systems click here. For more ratings news on 3D Systems click here.
Shares of 3D Systems closed at $44.80 yesterday.
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