Stratasys to Present Vision of Additive Manufacturing-ERP Integration for ‘Factory of the Future’ at Oracle OpenWorld 2015
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Stratasys (SSYS) Releases Preliminary Results; Needham & Company Cuts Price Target to $32
October 23, 2015 9:42 AM EDTNeedham & Company maintained a Buy rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $32.00 (from $38.00), following the company's 3Q preliminary results. SSYS expects revenues to be down 17%-18% y/o/y to $166M-$168M. The company had guided to $175M-$190M and consensus was $185M. Management now expects to post a... More
Cowen Cuts Price Target on Stratasys (SSYS) Following Preliminary Results
October 23, 2015 8:21 AM EDTCowen reiterated a Market Perform rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $25.00 (from $30.00), following the company;s 3Q15 preliminary results. SSYS pre-announced 3Q sales of $166-$168MM vs. Street's $184.6MM, and EPS of (3c) - 2c (vs.... More
