Market Overview

UPDATE: JP Morgan Lowers PT on 3D Systems Corporation after Disappointing 4Q Results

Related DDD
Worst Performing Industries For October 29, 2014
3D Printing Shares Slip On Hewlett-Packard Entry
Will.i.am Debuts First 3D Printer for 3D Systems (Fox Business)

In a report published Tuesday, JP Morgan maintained 3D Systems Corporation (NYSE: DDD) at Neutral and lowered price target from $40.00 to $37.00.

JP Morgan reported that, “DDD reported slightly disappointing 4Q results and guidance that captures 2013 expectations, pointing to organic revenue growth in the high teens. We are nudging up our revenue estimates but leaving EPS estimates unchanged, on a post-3-for-2 stock split basis. Our price target goes to $37.00, from $40.00. Maintain Neutral.”

3D Systems Corporation closed at $34.55 on Monday.

Latest Ratings for DDD

DateFirmActionFromTo
Oct 2014Brean CapitalDowngradesBuyHold
Oct 2014OppenheimerInitiates Coverage onOutperform
Oct 2014Deutsche BankDowngradesBuyHold

View More Analyst Ratings for DDD
View the Latest Analyst Ratings

Posted-In: JP MorganAnalyst Color Price Target Analyst Ratings

 

Related Articles (DDD)

Around the Web, We're Loving...

Get Benzinga's Newsletters