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Fly News Breaks for March 1, 2019
ALGN, DDD
Mar 1, 2019 | 05:43 EDT
3D Systems (DDD) reported "solid" results with sales slightly below and earnings above consensus, Piper Jaffray analyst Troy Jensen tells investors in a research note. The company also reported a 13% customer in 2018, which the analyst believes is Align Technology (ALGN). He also thinks 3D's move to production applications is a "significant catalyst" for the company and the entire industry. Jensen raised his price target for 3D Systems to $18 from $17 and reiterates an Overweight rating on the name.
News For DDD;ALGN From the Last 2 Days
ALGN
Apr 18, 2024 | 07:23 EDT
Stifel raised the firm's price target on Align Technology to $400 from $350 and keeps a Buy rating on the shares. Respondents to the firm's survey point to "solid" 2024 year-over-year case volume growth and while Invisalign's share is expected to step down "modestly" year-over-year, new product feedback is upbeat, says the firm, which adds that it has "an upside bias to our 2024 revenue estimate."
