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Fly News Breaks for March 7, 2016
SSYS
Mar 7, 2016 | 06:22 EDT
JPMorgan analyst Paul Coster downgraded Stratasys to Underweight citing valuation following the stock's 47% rally over the past five trading sessions. The market is now pricing in "unrealistic expectations" given cyclical uncertainty and intensifying competition in the 3D space, Coster tells investors in a research note. He raised his price target for the shares to $22 from $21.
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