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Fly News Breaks for May 3, 2016
DDD, SSYS, VJET
May 3, 2016 | 07:24 EDT
Citi analyst Kenneth Wong says valuations across his 3D Printing coverage are up 40% year-to-date despite market conditions that "remain uneven." Upside scenarios from demand pickup, operational efficiencies and takeout potential are overstated at current share levels, Wong tells investors in a research note. He believes voxeljet (VJET) is best positioned to achieve financial targets. Wong has Neutral ratings on voxeljet and Stratasys (SSYS) and a Sell rating on 3D Systems (DDD).
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