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Stock analysts at Morgan Stanley assumed coverage on shares of Stratasys (NASDAQ:SSYS) in a report issued on Thursday. The firm set an “overweight” rating and a $135.00 price target on the stock. Morgan Stanley’s target price points to a potential upside of 12.50% from the stock’s previous close.

Shares of Stratasys (NASDAQ:SSYS) opened at 119.90 on Thursday. 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 $108.7 and its 200-day moving average is $105.5. The company’s market cap is $5.927 billion.

Stratasys (NASDAQ:SSYS) last posted its quarterly 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. Analysts expect that Stratasys will post $2.31 EPS for the current fiscal year.

A number of other firms have also recently commented on SSYS. Analysts at Stifel Nicolaus initiated coverage on shares of Stratasys in a research note on Friday, August 29th. They set a “buy” rating and a $150.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Stratasys in a research note on Monday, August 11th. They now have a $120.00 price target on the stock. Finally, analysts at Gabelli downgraded shares of Stratasys from a “buy” rating to a “hold” rating in a research note on Friday, August 8th. Five analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Stratasys has a consensus rating of “Buy” and a consensus price target of $139.56.

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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