Loop Capital Maintains Hold on Stratasys, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on Stratasys (NASDAQ:SSYS) but lowered its price target from $9 to $7, indicating a less optimistic outlook for the company's stock.
September 05, 2024 | 4:22 pm
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Loop Capital has maintained a Hold rating on Stratasys but lowered its price target from $9 to $7, suggesting a less favorable view on the stock's potential.
The lowering of the price target from $9 to $7 by Loop Capital indicates a less optimistic outlook for Stratasys, which could lead to a negative short-term impact on the stock price. The Hold rating suggests that the analyst does not see significant upside potential at this time.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100