Loop Capital Maintains Hold on 3D Sys, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on 3D Systems (NYSE:DDD) but has lowered the price target from $4.5 to $2, indicating a less optimistic outlook for the company's stock.
September 05, 2024 | 4:21 pm
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Loop Capital has maintained a Hold rating on 3D Systems but lowered the price target from $4.5 to $2, suggesting a less favorable view on the stock's potential.
The lowering of the price target from $4.5 to $2 by Loop Capital indicates a negative outlook on 3D Systems' stock performance. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100