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Thursday, Jun 13
ExOne's (XONE +5.4%) management gave "a positive update" at this week's RAPID 3D printing...
ExOne's (XONE +5.4%) management gave "a positive update" at this week's RAPID 3D printing conference about the progress of initiatives such as new printing service centers, materials development, and its M-Flex metal printing platform (several orders could be on tap), says FBR. The firm also says talks suggest the industry is expecting 25%-30% 3D printer growth this year, and that there's "a high degree of enthusiasm with regard to metal 3D printing," something reinforced by 3D Systems (DDD +2.3%) purchase of Phenix Systems. FBR thinks Stratasys (SSYS +0.7%) might respond to 3D/Phenix with a metal printer acquisition of its own. (Amazon) (Canaccord on ExOne)