Needham Reiterates Buy on Stratasys, Maintains $19 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Stratasys (NASDAQ:SSYS) and maintained a price target of $19.
August 10, 2023 | 10:51 am
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POSITIVE IMPACT
Stratasys has received a 'Buy' rating from Needham analyst James Ricchiuti, with a maintained price target of $19.
The reiteration of a 'Buy' rating by a respected analyst like James Ricchiuti is a positive signal for Stratasys. The maintained price target of $19 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100