Needham Maintains Buy on Stratasys, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Stratasys (NASDAQ:SSYS) but lowers the price target from $12 to $10.
August 30, 2024 | 9:31 am
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Needham analyst James Ricchiuti maintains a Buy rating on Stratasys but lowers the price target from $12 to $10, indicating a cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Stratasys, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100