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Fly News Breaks for May 17, 2017
SSYS
May 17, 2017 | 07:41 EDT
Needham analyst James Ricchiuti downgraded Stratasys to Hold from Buy citing the recent "sharp" rise in the shares despite only a "modest" improvement in the company's fundamentals. While Stratasys could see stronger growth next year, the timing of additive manufacturing deployments is uncertain and the general purpose prototyping business is becoming an increasingly mature market, Ricchiuti tells investors.
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