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Equities researchers at Brean Capital decreased their price target on shares of 3D Systems (NYSE:DDD) from $84.00 to $75.00 in a research report issued on Friday. The firm currently has a “buy” rating on the stock. Brean Capital’s target price would suggest a potential upside of 51.82% from the stock’s previous close.

3D Systems (NYSE:DDD) opened at 49.40 on Friday. 3D Systems has a 52 week low of $41.05 and a 52 week high of $97.28. The stock’s 50-day moving average is $49.88 and its 200-day moving average is $67.72. The company has a market cap of $5.113 billion and a price-to-earnings ratio of 115.44. 3D Systems also was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 33,323,579 shares, a growth of 10.8% from the April 30th total of 30,069,747 shares. Currently, 34.0% of the shares of the stock are sold short. Based on an average daily volume of 3,381,109 shares, the days-to-cover ratio is currently 9.9 days.

3D Systems (NYSE:DDD) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. The company had revenue of $147.76 million for the quarter, compared to the consensus estimate of $145.50 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 44.8% on a year-over-year basis. Analysts expect that 3D Systems will post $0.81 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of 3D Systems from $40.00 to $37.00 in a research note on Thursday, May 29th. They now have a “neutral” rating on the stock. Separately, analysts at Pacific Crest cut their price target on shares of 3D Systems from $65.00 to $59.00 in a research note on Wednesday, May 28th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of 3D Systems in a research note on Tuesday, May 20th. They now have a $52.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $72.26.

3D Systems Corporation (NYSE:DDD) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region.

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