JPMorgan Upgrades 3D Systems (DDD) to Neutral

May 10, 2019 12:58 AM EDT
Get Alerts DDD Hot Sheet
Price: $27.60 -0.61%

Rating Summary:
    8 Buy, 18 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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JPMorgan analyst Paul Coster upgraded 3D Systems (NYSE: DDD) from Underweight to Neutral with a price target of $8.00.

  • Upgrade follows YTD underperformance as the equity nears the price target.
  • Expects Q2 to remain pressured due to tougher comps and a product mix shift to lower priced printers which when coupled with slowing materials sales will likely weight on margins.

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 $8.40 yesterday.

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