UPDATE: Susquehanna Upgrades Stratasys Inc. (SSYS) to Positive

October 20, 2017 6:52 AM EDT
Get Alerts SSYS Hot Sheet
Price: $27.12 --0%

Rating Summary:
    14 Buy, 14 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 5 | New: 13
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(Updated - October 20, 2017 7:58 AM EDT)

(updated to expand analyst comment)

Susquehanna upgraded Stratasys Inc. (NASDAQ: SSYS) from Neutral to Positive with a price target of $31.00 (from $22.00).

Analyst David Ryzhik cited an attractive set-up into 2018 with takeout potential. The analyst comments "SSYS’s takeover potential should not be overlooked, as it would provide a potential suitor with market-leading position in an attractive secular trend, a broad product/IP portfolio, and a growing recurring revenue stream. We also highlight SSYS’s sizable deferred tax assets which can potentially provide further value to potential acquirers."

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 $20.95 yesterday.

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