Needham Maintains Buy on Stratasys, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Stratasys (NASDAQ:SSYS) but lowers the price target from $16 to $12.

May 30, 2024 | 10:55 am
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Needham analyst James Ricchiuti maintains a Buy rating on Stratasys but lowers the price target from $16 to $12.
The Buy rating suggests continued confidence in Stratasys' long-term potential, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100