3D Systems Hammered By Analysts After Q1 Report

By | April 27, 2015

Scalper1 News

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

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