Stratasys Ltd. (SSYS) Receives Price Target

Stratasys Ltd. (SSYS) : 8 Wall Street analysts covering Stratasys Ltd. (SSYS) believe that the average level the stock could reach for the short term is $24.38. The maximum price target given is $30 and the minimum target for short term is around $19, hence the standard deviation is calculated at $3.78.

Stratasys Ltd. (SSYS) : 13 analysts are covering Stratasys Ltd. (SSYS) and their average rating on the stock is 2.38, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Stratasys Ltd. (SSYS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Piper Jaffray downgrades their rating on the shares of Stratasys Ltd. (NASDAQ:SSYS). The current rating of the shares is Neutral. Earlier, the shares were rated a Overweight by the brokerage firm. Equity Analysts at the Firm lowers the price target to $24 per share from $32 per share. The rating by the firm was issued on July 18, 2016.

Stratasys Ltd. (NASDAQ:SSYS): The stock opened at $22.00 on Thursday but the bulls could not build on the opening and the stock topped out at $22.00 for the day. The stock traded down to $20.88 during the day, due to lack of any buying support eventually closed down at $21.33 with a loss of -0.05% for the day. The stock had closed at $21.34 on the previous day. The total traded volume was 888,884 shares.

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