Expectations that 3D Systems (DDD) is ready to unveil multiple new products next month prodded Canaccord Genuity to raise its price target on the 3D printer maker. Nevertheless, 3D Systems stock was down in midday trading Tuesday, as were shares of rival Stratasys (SSYS). Analyst Bobby Burleson increased his target price to 95 from 85, ahead of the Consumer Electronics Show in Las Vegas Jan. 7-10. 3D Systems stock was trading near 86.50 in the
Veeva Systems (VEEV), Ocwen Financial (OCN) and 3D Systems (DDD) are among the latest additions to stocks with the best fundamental performance. Today’s Screen Of The Day is Top Fundamentals, companies with three-year sales and earnings growth rates of at least 25%. The five hottest newcomers to this week’s list include Veeva, Ocwen, Trinity Industries (TRN), BitAuto (BITA) and 3D Systems. Newly minted Veeva, which began trading on Oct. 16,
Investment bank Pacific Crest Securities initiated coverage on 3D printer makers 3D Systems (DDD), Stratasys (SSYS) and ExOne (XONE) on Monday with a bullish view of “one of the most revolutionary technologies since the development of the home computer.” But that view contrasts with a report on Monday from Nomura Equity Research that says 3D printing “is unlikely to be a game-changer despite market hype.” Analyst Weston Twigg of Pacific Crest