Sigma Additive Solutions just downgraded at H.C. Wainwright, here’s why

H.C. Wainwright analyst Scott Buck downgraded Sigma Additive Solutions to Neutral from Buy with a $3 price target. The company’s asset sale transactions follow a several months long process to explore strategic alternatives for the software business, the analyst tells investors in a research note. The firm expects both transactions to be completed on schedule and believes Sigma’s current share value is unlikely to move meaningfully from current levels.