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Investment analysts at Piper Jaffray raised their target price on shares of Stratasys (NASDAQ:SSYS) from $125.00 to $145.00 in a note issued to investors on Friday. The firm currently has an “overweight” rating on the stock. Piper Jaffray’s price objective would indicate a potential upside of 27.54% from the company’s current price.

Shares of Stratasys (NASDAQ:SSYS) opened at 113.69 on Friday. Stratasys has a 52 week low of $85.30 and a 52 week high of $138.10. The stock’s 50-day moving average is $105.5 and its 200-day moving average is $106.1. The company’s market cap is $5.608 billion. Stratasys also was the target of unusually large options trading on Wednesday. Traders purchased 2,260 call options on the company. This represents an increase of approximately 105% compared to the average daily volume of 1,105 call options.

Stratasys (NASDAQ:SSYS) last announced its earnings results on Thursday, August 7th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.10. The company had revenue of $178.50 million for the quarter, compared to the consensus estimate of $156.60 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 67.6% on a year-over-year basis. On average, analysts predict that Stratasys will post $2.25 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Needham & Company LLC raised their price target on shares of Stratasys to $140.00 in a research note on Friday. Separately, analysts at RBC Capital raised their price target on shares of Stratasys from $126.00 to $130.00 in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Brean Capital raised their price target on shares of Stratasys from $130.00 to $140.00 in a research note on Friday. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Stratasys presently has a consensus rating of “Buy” and a consensus price target of $139.31.

Stratasys, Inc is a manufacturer of three-dimensional (NASDAQ:SSYS) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets.

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