Cimatron jumps on bullish Chardan coverage launch

|By:, SA News Editor

Chardan's Jay Srivasta is starting volatile Cimatron (CIMT +5.6%) with a Buy and $10 PT. He calls the company's planned 3D printing efforts "a game-changer (if well executed), and argues Cimatron's CAD/CAM software expertise makes it well-positioned to benefit from rapid 3D printing industry growth.

Separately, Cimatron announces it has struck a deal with simulation software firm MachineWorks to integrate the company's Polygonica 2D/3D modeling tech within the next release of its mainstay CimatronE CAD software platform.