Stratasys' (SSYS) Price Target Timmed at Deutsche Bank

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Needham & Company Reiterates Buy After Stratasys (SSYS) Reports a Modest 4Q Beat

March 4, 2016 7:22 AM EST

Needham & Company maintained a Buy rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $28.00 (from $32.00), following the company's 4Q earnings report. Revenues rose to $173.3M, at the upper end of guidance of $160-175M and above consensus' $169M estimate. Non-GAAP loss totaled $0.01 per share,... More