Stratasys Reports Second Quarter 2015 Financial Results
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UBS Downgrades Stratasys (SSYS) to Sell; Analyst Compares 3D Printing to LED Lighting
July 31, 2015 7:43 AM EDT(Updated - July 31, 2015 10:10 AM EDT)
UBS downgraded Stratasys Inc. (NASDAQ: SSYS) from Neutral to Sell with a price target of $22. Analyst Steven Milunovich said the pause in hyper-growth appears structural, and compared 3D printing to the boom and bust in LED lighting.
"We continue to believe 3D printing has a large opportunity to be disruptive... More
BofA/Merrill Lynch Downgrades Stratasys Inc. (SSYS) to Underperform
July 31, 2015 7:17 AM EDTBofA/Merrill Lynch downgraded Stratasys Inc. (NASDAQ: SSYS) from Neutral to Underperform with a price target of $30.
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 $32.67 yesterday.
... MorePiper Jaffray Upgrades Stratasys Inc. (SSYS) to Overweight
July 31, 2015 6:56 AM EDTPiper Jaffray upgraded Stratasys Inc. (NASDAQ: SSYS) from Neutral to Overweight with a price target of $39.00 (from $42.00), saying they remain believers in the long-term opportunities.
Analyst Troy Jensen commented, "While we have reduced our near-term revenue and EPS assumptions for Stratasys, we remain... More
Stratasys (SSYS) PT Chopped to $38 at Needham & Company, Remains Constructive on Expected Industry Recovery
July 30, 2015 3:56 PM EDTNeedham & Company analyst James Ricchiuti lowered his price target on Stratasys Inc. (NASDAQ: SSYS) to $38.00 (from $46.00) following results and pulled 2015 guidance but maintained a Buy rating. Despite the challenges the analyst is conviced that the additive manufacturing industry will return to a historical 20%-plus growth rate as early as next... More
Stratasys (SYSS) PT Cut to $30 at Cowen
July 30, 2015 12:17 PM EDTCowen analyst Robert Stone reiterated a Market Perform rating and lowered his price target on Stratasys Inc. (NASDAQ: SSYS) to $30.00 (from $40.00) following Q2 results, weak Q3 sales guidance and withdrawn full year guidance.
Stone commented, "Q2:15 revenue and adjusted EPS... More
Stratasys (SSYS) Reports In-Line Q2 EPS; Withdraws FY15 Outlook
July 30, 2015 6:57 AM EDTStratasys (NASDAQ: SSYS) reported Q2 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $182.3 million versus the consensus estimate of $181.9 million.
Stratasys sees Q3 2015 EPS of $0.03-$0.13, versus the consensus of $0.47. Stratasys sees Q3 2015 revenue of $175-190... More
