UPDATE: Stratasys (SSYS) Tops Q1 EPS by 1c

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Stratasys (SSYS) PT Trimmed to $46 at Needham & Company Post Q1; 'Buy' Maintained

May 11, 2015 3:07 PM EDT

Needham & Company analyst James Ricchiuti reiterated a Buy rating but lowered his price target on Stratasys Inc. (NASDAQ: SSYS) to $46.00 (from $54.00) following Q1 results, which was in line with SSYS' preannouncement.

Ricchiuti commented, "Mgmt reaffirmed its 2015 rev guidance for 7-15% growth, which... More