Janney Capital Markets Expects Demand to Expand for 3D Systems Corporation

In a report published Wednesday, Janney Capital Markets analyst John Baliotti reiterated a Buy rating on

. In the report, Janney Capital Markets noted, “3D Systems is a pioneer in the development and manufacture of additive manufacturing systems for over 25 years. Along with internally developed technology, the company has completed roughly 38 acquisitions since 2001, complementing its growth strategy and market share. We are expecting share price volatility among names in this market, but demand will expand faster than in the past in our estimation. We have revised our fair value estimate to $95 (was $68).” 3D Systems Corporation closed on Tuesday at $78.02.