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Fly News Breaks for August 7, 2015
DDD
Aug 7, 2015 | 05:45 EDT
Piper Jaffray analyst Troy Jensen upgraded 3D Systems to Neutral saying he believes the stock has troughed following the company's Q2 revenue and earnings miss. Data points show improvements with channel partners while the 3D printing industry should return to more normalized growth rates in 2016 and beyond, Jensen tells investors in a research note. He lowered his price target for 3D Systems to $14 from $16. The stock closed yesterday up $1.90 to $13.60.
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