Credit Suisse Maintains Underperform on 3D Sys, Lowers Price Target to $6
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Shannon Cross has maintained an 'Underperform' rating on 3D Systems (NYSE:DDD) and lowered the price target from $7 to $6.
August 10, 2023 | 12:51 pm
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NEGATIVE IMPACT
3D Systems' stock may face downward pressure due to Credit Suisse's lowered price target and 'Underperform' rating.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Credit Suisse's decision to maintain an 'Underperform' rating and lower the price target for 3D Systems suggests a negative outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100