Susquehanna analyst David Ryzhik reiterated a Buy rating on Stratasys (SSYS) today and set a price target of $29. The company’s shares closed on Friday at $24.64.
According to TipRanks.com, Ryzhik is a 2-star analyst with an average return of -0.6% and a 62.5% success rate. Ryzhik covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, MKS Instruments, and 3D Systems.
Currently, the analyst consensus on Stratasys is a Moderate Buy with an average price target of $28, representing a 13.6% upside. In a report issued on July 29, Piper Jaffray also reiterated a Buy rating on the stock with a $32 price target.
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The company has a one-year high of $30.60 and a one-year low of $17.06. Currently, Stratasys has an average volume of 603.3K.
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Stratasys Ltd. engages in the provision of additive manufacturing solutions for the production of parts used in the process of designing and manufacturing products for the manufacturer of end parts. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing. The company also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers. Stratasys was founded on March 3, 1998 and is headquartered in Eden Prairie, MN.
