Stratasys Buy Rating Reiterated, But Price Target Cut

By | April 15, 2015

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Canaccord Genuity on Wednesday reiterated a buy rating on Stratasys (SSYS) stock, citing strength in its core technology, but cut its price target on the 3D printer maker. Stratasys sales growth has slowed the past three quarters, and its year-over-year EPS has fallen in three of the past five quarters. Still, its investments should begin to produce results in the latter half of this year and in 2016, Canaccord analyst Bobby Burleson said in a Scalper1 News

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