Needham Maintains Buy on Stratasys, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a 'Buy' rating on Stratasys (NASDAQ:SSYS) but lowered the price target from $19 to $17.
September 29, 2023 | 8:18 am
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NEUTRAL IMPACT
Stratasys' price target has been lowered from $19 to $17 by Needham, though the 'Buy' rating is maintained.
The news is directly about Stratasys and is likely to influence investor sentiment. While the 'Buy' rating is maintained, which is positive, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100