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Fly News Breaks for August 18, 2015
PRLB
Aug 18, 2015 | 08:06 EDT
Oppenheimer notes that Proto Labs' results have come in below its 25% sales growth/29% operating margin target over the last few quarters. The firm thinks that easy comparisons will help the company's progress towards its goals accelerate over the next few quarters. It believes that the company's margins and overall business have bottomed. The firm keeps a $95 price target and Outperform rating on the shares.
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