Is 3D Systems No Longer a Sell?
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Thursday was not a pleasant day to own stock in 3D-printer maker 3D Systems (NYSE: DDD). In six and a half hours of frenzied trading yesterday, shares fell 21.3% after the company reported its fiscal Q2 2017 earnings.
But wait! According to one analyst, this is actually good news. 3D Systems stock's "valuation is more fair now" that it has sold off after earnings. So does this mean it's time to buy?
Source: Fool.com
3D Systems Corp. Stock
€3.51
-6.510%
Our community is currently high on 3D Systems Corp. with 4 Buy predictions and 2 Sell predictions.
As a result the target price of 7 € shows a very positive potential of 99.71% compared to the current price of 3.51 € for 3D Systems Corp..
