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Fly News Breaks for April 17, 2017
SSYS
Apr 17, 2017 | 20:59 EDT
Piper Jaffray analyst Troy Jensen upgraded Stratasys to Overweight after his firm's reseller survey indicated demand trends are improving. Stratasys, according to feedback from 15 resellers, experienced a "meaningful uptick" in system demand for the second consecutive quarter in Q1, Jensen tells investors in a research note. He believes Stratasys is outperforming in the 3D printing space and upped his price target for the shares to $28 from $21. The stock closed the trading day up 30c to $21.30.
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