Why Shares of Stratasys, Inc. Popped 12% Today
Shares of 3D printing company Stratasys, Inc. (NASDAQ: SSYS) jumped as much as 11.9% in trading Friday after getting an upgrade from analysts at Susquehanna Financial Group. At 3:45 p.m. EDT, shares were still up 10.9% for the day.
The Susquehanna upgrade was from a neutral rating to a positive rating and came with a price target increase from $22 to $31 per share. They predicted improved system revenue growth, higher recurring revenue, and even a potential takeover.
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Source: Fool.com
Stratasys Inc. Stock
With 39 Buy predictions and 1 Sell predictions Stratasys Inc. is one of the favorites of our community.
With a target price of 13 € there is potential for a 109.0% increase which would mean more than doubling the current price of 6.22 € for Stratasys Inc..