Why 3D Systems Stock Printed a 7.5% Profit Today
Shares of 3D printer maker 3D Systems (NYSE: DDD) closed 7.6% higher on Tuesday after analysts at Craig-Hallum doubled down on an existing buy rating on the stock, and insisted it is underpriced at just $5 and change. Craig-Hallum even predicted the share price will more than double to $11 within a year.
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Seen in that context, today's 7.5% rise in share price was actually pretty modest. So why does Craig-Hallum think this stock will double?
Source Fool.com