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Fly News Breaks for November 9, 2016
SSYS, DDD
Nov 9, 2016 | 12:07 EDT
Piper Jaffray analyst Troy Jensen reiterates an Underweight rating on shares of 3D Systems (DDD) with a $10.50 price target. 3D still has "significant challenges" ahead with industry growth relatively stagnant and a higher valuation relative to peer Stratasys (SSYS), Jensen tells investors in a research note. The company also faces increasing competition and internal execution issues, the analyst contends.
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