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Equities researchers at Morgan Stanley assumed coverage on shares of 3D Systems (NYSE:DDD) in a research report issued on Thursday. The firm set an “equal weight” rating and a $51.85 price target on the stock. Morgan Stanley’s price objective suggests a potential upside of 0.04% from the stock’s previous close. The analysts noted that the move was a valuation call.

Other equities research analysts have also recently issued reports about the stock. Analysts at Pacific Crest downgraded shares of 3D Systems from an “outperform” rating to a “sector perform” rating in a research note on Thursday. Separately, analysts at Needham & Company LLC reiterated a “buy” rating on shares of 3D Systems in a research note on Tuesday. They now have a $65.00 price target on the stock, down previously from $70.00. Finally, analysts at Stifel Nicolaus initiated coverage on shares of 3D Systems in a research note on Friday, August 29th. They set a “buy” rating and a $65.00 price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $66.24.

In other 3D Systems news, CEO Abraham N. Reichental sold 52,300 shares of 3D Systems stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $53.20, for a total transaction of $2,782,360.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

3D Systems (NYSE:DDD) traded up 0.17% on Thursday, hitting $51.92. The stock had a trading volume of 1,195,584 shares. 3D Systems has a one year low of $43.35 and a one year high of $97.28. The stock’s 50-day moving average is $51.36 and its 200-day moving average is $55.31. The company has a market cap of $5.707 billion and a price-to-earnings ratio of 150.23.

3D Systems (NYSE:DDD) last released its earnings data on Thursday, July 31st. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.02. The company had revenue of $151.50 million for the quarter, compared to the consensus estimate of $162.30 million. During the same quarter last year, the company posted $0.20 earnings per share. 3D Systems’s revenue was up 25.4% compared to the same quarter last year. Analysts expect that 3D Systems will post $0.78 EPS for the current fiscal year.

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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