- BofA/Merrill has hiked its Stratasys (SSYS +2.8%) PT to $140 from $130, while predicting growing consumer adoption of low-end 3D printers (such as those offered by Stratasys' MakerBot unit) will boost Stratasys' top line. The PT hike comes six days after Stratasys announced it had obtained a $250M credit facility from (drumroll...) BofA.
- 3D printer maker are surging again. Voxeljet (VJET +9.1%), which flew higher last week after posting its Q3 results, is the biggest winner, but 3D Systems (DDD +4.2%) and ExOne (XONE +5.1%) aren't being left out of the fun either. Stratasys, Voxeljet, and 3D Systems are all making new highs.
- Update: BofA has also lifted 3D Systems' PT (from $69 to $90).
3D printing stocks surge after BofA/Merrill lifts Stratasys PT
Nov 18 2013, 11:12 ET