Vetr Inc. announced Stratasys, Ltd. (NASDAQ:SSYS), boosting its stock price target to $28.67 today
- Updated: October 3, 2016
Just yesterday Stratasys, Ltd. (NASDAQ:SSYS) traded -1.29% lower at $24.09. Stratasys, Ltd.’s 50-day moving average is $22.33 and its 200-day moving average is $22.74. The last stock price is up 4.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 942,632 shares of SSYS traded hands, down from an average trading volume of 1,034,850
In a report released on 10/03/2016 Vetr Inc. increased the stock price target of Stratasys, Ltd. (NASDAQ:SSYS) to $28.67 reporting a possible upside of 0.19%.
Previously on 10/03/2016, FBR & Co released a statement about Stratasys, Ltd. (NASDAQ:SSYS) increased the target price from $0.00 to $29.00. At the time, this indicated a possible upside of 0.20%.
Recent Performance Chart
Stratasys, Ltd. has 52 week low of $14.48 and a 52 week high of $32.52 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is $24.46 with 2 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 11 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Stratasys, Ltd. (NASDAQ:SSYS)
Stratasys Ltd. provides three-dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Its 3D printing systems utilize its patented fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. The company offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing under the Dimension, Objet, Fortus, Polyjet, SolidScape, and MakerBot brands, as well as MoJo and uPrint product families, and Dental Series products. It also provides 3D printing consumable materials, including FDM, cartridge-based materials, Polyjet cartridge-based materials, Smooth Curvature Printing inkjet-based materials, and non-color digital materials, as well as provides color variation services. In addition, the company offers customer support, basic warranty, and extended support programs; leases or rents 3D printers and 3D production systems; produces prototypes and end-use parts for customers from a customer-provided CAD file; and provides plastic and metal parts for rapid prototyping and production processes, as well as related professional services. Further, it operates Thingiverse, an online community for sharing downloadable, digital 3D designs; and GrabCAD Community for mechanical engineers and designers. The companyÂ’s products and services are used in aerospace, automotive, consumer electronics, consumer goods, medical processes and medical devices, education, dental, jewelry, and other industries. It sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
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