Market Overview

Piper Jaffray Reiterates Overweight Rating, $94 PT on Stratasys Ltd. on Solid Q4 Results

Share:
Related SSYS
Worst Performing Industries For April 15, 2016
The Market In 5 Minutes: Baby We Were Born To Run
Have 3D Systems, Stratasys Stocks Traveled Too Far Too Fast? (Investor's Business Daily)

In a report published Monday, Piper Jaffray reiterated its Overweight rating and $94.00 price target on Stratasys Ltd. (NASDAQ: SSYS).

Piper Jaffray noted, “Stratasys reported solid Q4 results with revenues of $96.4 million increasing 23% on a year/year basis and non GAAP EPS of $0.41. Operating income increased 19.0% year/year and net income increased 40.9% y/y. The results versus consensus comparison is difficult this quarter with the consensus pool consisting of estimates that excluded and included none or partial results from Objet, so we will compare the results versus our industry high estimates that included a full quarter contribution from Objet.”

Stratasys Ltd. closed on Friday at $64.26.

Latest Ratings for SSYS

DateFirmActionFromTo
Apr 2016CitigroupDowngradesBuyNeutral
Mar 2016JP MorganDowngradesNeutralUnderweight
Jan 2016JP MorganDowngradesOverweightNeutral

View More Analyst Ratings for SSYS
View the Latest Analyst Ratings

Posted-In: Piper JaffrayAnalyst Color Reiteration Analyst Ratings

 

Related Articles (SSYS)

View Comments and Join the Discussion!