Seeking Alpha

A bullish Canaccord report is helping 3D Systems (DDD +7.5%) shoot higher. In spite of the...

A bullish Canaccord report is helping 3D Systems (DDD +7.5%) shoot higher. In spite of the dilution caused by its stock offering, the firm thinks 3D can beat estimates thanks to strong printer and services revenue, and believes multiple expansion is in the cards as the company commercializes Bespoke Innovations' 3D-printed carpal tunnel braces in 2H. Canaccord's PT has been lifted to $50 from $45. Meanwhile, Stratasys (SSYS +2.1%) is now trekking higher following its Q1 report. On its earnings call, the company mentioned it's still "looking to grow through strategic acquisitions," and that it believes it can maintain its Q1 gross margin for the rest of the year.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector