Analyst Rating Update on Stratasys Ltd. (SSYS)

Stratasys Ltd. (NASDAQ:SSYS) : 5 brokerage houses believe that Stratasys Ltd. (NASDAQ:SSYS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Stratasys Ltd. (NASDAQ:SSYS). Zacks Investment Research suggests a Buy with a rank of 2. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 15 Wall Street Analysts endorse the stock as a Hold with a rating of 2.6.

Stratasys Ltd. (NASDAQ:SSYS) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $35 and the lowest price target forecast is $19. The average forecast of all the analysts is $26.64 and the expected standard deviation is $4.9.

Company shares have received an average consensus rating of Hold for the current week Also, FBR Capital initiates coverage on Stratasys Ltd. (NASDAQ:SSYS) . Analysts at the FBR Capital have a current rating of Outperform on the shares. The rating by the firm was issued on May 24, 2016.

Stratasys Ltd. (NASDAQ:SSYS): stock turned positive on Tuesday. Though the stock opened at $20.46, the bulls momentum made the stock top out at $21.135 level for the day. The stock recorded a low of $20.14 and closed the trading day at $20.91, in the green by 4.45%. The total traded volume for the day was 981,809. The stock had closed at $20.02 in the previous days trading.

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