Stratasys (SSYS) Receives a Hold from Needham

Needham analyst James Ricchiuti maintained a Hold rating on Stratasys (SSYSResearch Report) today. The company’s shares opened today at $15.53.

Ricchiuti covers the Technology sector, focusing on stocks such as Coherent Corp, Faro Technologies, and Stratasys. According to TipRanks, Ricchiuti has an average return of 16.0% and a 56.98% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stratasys with a $25.00 average price target.

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The company has a one-year high of $42.83 and a one-year low of $15.72. Currently, Stratasys has an average volume of 760.4K.

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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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