Lake Street Maintains Buy on 3D Sys, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Troy Jensen maintains a Buy rating on 3D Systems (NYSE:DDD) but lowers the price target from $6 to $4.
September 05, 2024 | 12:51 pm
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NEUTRAL IMPACT
Lake Street analyst Troy Jensen maintains a Buy rating on 3D Systems but lowers the price target from $6 to $4, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in 3D Systems' potential, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100