Market Overview

UPDATE: JP Morgan Initiates 3D Systems with Neutral, $34 PT; Growth Prospects Balanced with Near-Term Risks

Related DDD
Vortex VR Partners With 3D Systems To Launch Virtual Reality Mobile Phone Case And Head Mounted Display
Stratasys Shares Lead 3D Printing Sector Higher Following Stifel New Coverage, Comments
Will.i.am Debuts First 3D Printer for 3D Systems (Fox Business)

JP Morgan initiates 3D Systems (NYSE: DDD) with a Neutral rating and a price target of $34.

JP Morgan notes, "DDD, a pioneer in 3D printing (3DP), offers the widest range of print engines and on-demand print services in the market. DDD is driving adoption of rapid prototyping and direct digital manufacturing at the high-end of the market, and could spark mass-market demand with introduction of low-priced consumer products this year. Long-term prospects seem very good, but the company faces near-term cyclical uncertainty and some execution challenges."

DDD closed at $29.61 on Friday.

Posted-In: JP MorganAnalyst Color Price Target Initiation Pre-Market Outlook Analyst Ratings

 

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