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Fly News Breaks for January 26, 2016
SSYS
Jan 26, 2016 | 05:52 EDT
JPMorgan analyst Paul Coster downgraded Stratasys to Neutral citing risk that revenue and earnings disappoint through mid-2016. Coster highlights the "rapid influx of competing solutions" at the low-end of the 3D printing market. He cut his price target for the shares to $19 from $24. The analyst sees a lack of catalysts for Stratasys shares over the next six months. The maker of 3-D printers closes yesterday down $1.04 to $16.81.
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