3D Systems PT Lowered to $65.00 at Needham & Company LLC (TDSC)
Analysts at Needham & Company LLC dropped their price target on shares of 3D Systems (NASDAQ:TDSC) from $70.00 to $65.00 in a research report issued to clients and investors on Tuesday. Needham & Company LLC’s price objective would indicate a potential upside of 258.52% from the stock’s previous close.
A number of other firms have also recently commented on TDSC. Analysts at Stifel Nicolaus initiated coverage on shares of 3D Systems in a research note on Friday. They set a “buy” rating and a $65.00 price target on the stock. Separately, analysts at FBR Capital Markets downgraded shares of 3D Systems to a “market perform” rating in a research note on Friday, August 1st. Finally, analysts at Piper Jaffray cut their price target on shares of 3D Systems from $63.00 to $50.00 in a research note on Friday, August 1st. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $68.71.
3D Systems Corporation (NASDAQ:TDSC) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region.
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