Stratasys Shares Lead 3D Printing Sector Higher Following Stifel New Coverage, Comments

by Paul Quintaro, Benzinga Editor

August 29, 2014 10:29 AM | 1 min read | Make a Comment

Stocks in the 3D Printing group are in focus Friday morning following some new coverage from an analyst over at Stifel. Shares of

StratasysSSYS

, described as the top pick by Stifel's Patrick Newton, are leading the industry higher, up nearly two percent at last check.

3D SystemsDDD

shares are up 1.1 percent and shares of

The ExOne Co.XONE

are trading down about 0.3 percent. Newton's new coverage includes:

Stratasys with Buy rating and $150 price target;
3D Systems with a Buy and $65 target; and,
The ExOne Co. with Hold rating.

With shares of Stratasys last trading at $191.93, Newton's new price target implies potential upside of about 28 percent. Shares of 3D Systems are currently trading around $53.75, implying potential price appreciation of about 24 percent to the Stifel analyst's new price target.

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