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Fly News Breaks for April 25, 2018
SSYS
Apr 25, 2018 | 16:08 EDT
Piper Jaffray analyst Troy Jenson downgraded Stratasys to Neutral from Overweight and lowered its price target to $24. Jenson's Q1 survey results were "disappointing" indicating system demand was challenging. The analyst said competition has intensified with new market entrants and lower cost FDM offerings, while Stratasys' has had limited new product introductions.
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