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Several analysts downgraded 3D Systems (DDD) Monday following the release of preliminary first-quarter results on Friday that fell sharply below expectations. UBS lowered 3D Systems to a sell from neutral rating and cut its price target to 20 from 32. “3D has had a string of disappointments relating to execution issues with the timing of demand now an additional worry, resulting in no organic growth,” wrote UBS analyst Steven Milunovich. 3D Scalper1 News
Scalper1 News