Form 6-K STRATASYS LTD. For: May 02

Go back to Form 6-K STRATASYS LTD. For: May 02

Stratasys Inc. (SSYS) PT Lowered to $25 at Susquehanna; 'Disappointing, But Growing Recurring Revenue/Gross Profit Limits Downside'

May 2, 2018 1:51 PM EDT

Susquehanna lowered its price target on Stratasys Inc. (NASDAQ: SSYS) to $25.00 (from $31.00) while maintaining a Positive rating.

Analyst David Ryzhik commented, "The 1Q18 miss clearly disappointing, but we believe risk/reward is attractive in the context of rising recurring revenue/gross profits,... More