Stratasys (SSYS) Tops Q2 EPS by 10c

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Stratasys Inc. (SSYS) PT Lowered to $23 at Cowen; Reiterates Market Perform

August 9, 2017 2:00 PM EDT

Cowen lowered its price target on Stratasys Inc. (NASDAQ: SSYS) to $23.00 (from $27.00) while maintaining a Market Perform rating following the company's 2Q. SSYS reported non-GAAP EPS of 17c, ahead of the Street's 7c estimate on 1% higher sales and lower taxes. Product revenue of $121MM... More