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.
A bullish Canaccord report is helping 3D Systems (DDD +7.5%) shoot higher. In spite of the...
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Symbol | Last Price | % Chg |
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DDD | - | - |
3D Systems Corporation |