- Attributed to the insolvency of a major Voxeljet UK customer and worse-than-expected Q3 sales out of the company's German operation.
- Analyst Kenneth Wong lowers price target from $5 to $3.50. Shares are to that target pre-market, lower by 15%.
- Regarding other 3D names, particularly 3D Systems (NYSE:DDD) and Stratsys (SSYS), expects some potentially mild selling, though due to the specific nature of Voxeljet's issues, considers to be mostly isolated.
Voxeljet AG downgraded to Sell at Citi
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