FBR Trims PT on Stratasys (SSYS) to $24; Q3 Tough, But GM Improvement Noted
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Go back to FBR Trims PT on Stratasys (SSYS) to $24; Q3 Tough, But GM Improvement Noted
November 16, 2016 9:30 AM EST
UBS maintained a Sell rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $16.00 (from $19.00), following the company's 3Q earnings report. SSYS reported revenues of $157mn, missing the Street's $174mn estimate. The outlook remains soft, with 2016 revenue now expected to be... More
November 15, 2016 11:05 AM EST
Craig-Hallum downgraded Stratasys Inc. (NASDAQ: SSYS) from Buy to Hold.
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 $20.50 yesterday.
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November 15, 2016 11:00 AM EST
Needham & Company analyst James Ricchiuti lowered his price target on Stratasys Inc. (NASDAQ: SSYS) to $21.00 (from $24.00) following its Q3 miss and weak guidance but maintained a Buy rating, saying shares are washed out at current levels.
Ricchiuti commented, " SSYS turned in a disappointing Q3 report prior to the... More
November 15, 2016 6:17 AM EST
Stratasys (NASDAQ: SSYS) reported Q3 EPS of $0.00, $0.05 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $157.2 million versus the consensus estimate of $174.54 million.
GUIDANCE:
Stratasys sees FY2016 EPS of $0.13-$0.21, versus the consensus of $0.32. Stratasys sees... More
