3D Systems (DDD): Negative Read Through from Stratasys - B.Riley/FBR

B.Riley/FBR analyst Christopher Van Horn sees a negative read-through for 3D Systems (NYSE: DDD) following Stratasys Inc. (NASDAQ: SSYS) results.

Van Horn thinks that DDD could see downside in sentiment around the lower revenue figures reported by SSYS as well as the sense in the market that the overall competitive environment in 3D printing may be a risk for larger and established players.

The firm reiterated a Sell rating and $7 price target on DDD and a Neutral rating and $30 price target on SSYS.

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 $20.12 yesterday.

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