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Fly News Breaks for November 13, 2015
SSYS
Nov 13, 2015 | 07:56 EDT
Stephens analyst Ben Hearnsberger believes Stratasys management's choice to lower spending on the ecosystem due to this year's slowdown in demand can hurt the competitive moat needed to fend off potential competitors in the next up-cycle. The analyst remains cautious on Stratasys' outlook, keeping an Equal Weight rating on shares, and cut his price target for the stock to $25 from $30.
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