by Karl Utermohlen | February 14, 2014 2:33 pm
Stratasys (SSYS) and other 3D printing stocks received a bump today after a William Blair analyst upgraded Stratasys.
Analyst Jason Drab upgraded the 3D printing company to ‘Market Perform’ which gave a boost to several 3D printing stocks. Drab praised Stratasys’ “core business strength, success at integrating Objet, new product launches and partnerships.”
The William Blair analyst also commented on the potential upside of MakerBot. He notes that the company’s revenue outlook for 2014 is $120 million, far higher than the estimated $80 million in 2013.
SSYS stock is up over 4% while 3D Systems (DDD) enjoyed a 5% bump Friday. ExOne (XONE) and Voxeljet AG (VJET) also profited from the upgrade with company shares up 2% and 2.75% respectively.
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