Market Overview

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

Share:
Related DDD
Industry Expert Talks About 3D Printing In Latin America: 'We Want Printers To Supplement Other Machines'
Worst Performing Industries For November 28, 2016
Watch These '-D Printing Stocks Ahead of Global '-D Printing Day (GuruFocus)

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.

Latest Ratings for DDD

DateFirmActionFromTo
Nov 2016Gabelli & Co.UpgradesHoldBuy
Oct 2016FBR CapitalAssumesMarket Perform
Aug 2016JefferiesMaintainsHold

View More Analyst Ratings for DDD
View the Latest Analyst Ratings

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

 

Related Articles (DDD)

View Comments and Join the Discussion!