3D Systems Downgraded to Neutral at Zacks (DDD)
Zacks downgraded shares of 3D Systems (NYSE: DDD) from an outperform rating to a neutral rating in a research note released on Friday morning. They currently have $41.50 price target on the stock.
DDD has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of 3D Systems from $50.00 to $45.00 in a research note to investors on Tuesday, February 26th. They now have a buy rating on the stock. Separately, analysts at Maxim Group cut their price target on shares of 3D Systems to $40.00 in a research note to investors on Tuesday, February 26th. Finally, analysts at JPMorgan Chase reiterated a neutral rating on shares of 3D Systems in a research note to investors on Tuesday, February 26th. They now have a $37.00 price target on the stock, down previously from $40.00.
Shares of 3D Systems traded down 2.60% during mid-day trading on Friday, hitting $34.7338. 3D Systems has a one year low of $13.9267 and a one year high of $47.9867. The stock’s 50-day moving average is currently $40.90. The company has a market cap of $3.198 billion and a P/E ratio of 75.39.
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