Berenberg Bank Reaffirms Their Buy Rating on Stratasys (SSYS)

Berenberg Bank analyst Jared Maymon maintained a Buy rating on Stratasys (SSYSResearch Report) yesterday and set a price target of $25.00. The company’s shares closed yesterday at $19.35.

Maymon covers the Industrial Goods sector, focusing on stocks such as 3D Systems, Proto Labs, and Markforged Holding. According to TipRanks, Maymon has an average return of -12.5% and a 16.67% success rate on recommended stocks.

In addition to Berenberg Bank, Stratasys also received a Buy from Lake Street’s Troy Jensen in a report issued on August 2. However, on August 3, Needham maintained a Hold rating on Stratasys (NASDAQ: SSYS).

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The company has a one-year high of $42.83 and a one-year low of $15.86. Currently, Stratasys has an average volume of 861.1K.

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Stratasys Ltd. engages in the provision of applied additive technology solutions for industries including aerospace, automotive, healthcare, consumer products and education. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing. The company also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers. Stratasys was founded on March 3, 1998 and is headquartered in Eden Prairie, MN.

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