Why 3D Systems Stock Popped Today

Shares of 3D Systems (NYSE: DDD) jumped today after Stifel analyst Noelle Dilts initiated coverage of the company. 

The tech stock was up by as much as 18.5% today and had gained 13.2% as of 3:14 p.m. EST. 

Dilts started coverage of the company with a hold rating and a price target of $28. The analyst said that she likes the company's products and its large installed base.

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Source Fool.com