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Canaccord Genuity initiated coverage on Proto Labs (PRLB), a maker of quick-turn parts, with a hold rating despite seeing enhanced revenue opportunities ahead. Canaccord analyst Bobby Burleson started coverage with a price target of 85. Proto Labs stock was down 2%, near 77, in afternoon trading on the stock market today. The company made its initial public offering in February 2012 at 16. Proto Labs is a quick-turn manufacturer of custom parts Scalper1 News
Scalper1 News