ExOne Got Some Good News

By Jason Carr

Canaccord Genuity analyst Robert Burleson upgraded ExOne (NASDAQ: XONE) to Buy today and set a price target of $13. The company’s shares opened today at $10.95.

According to TipRanks.com, Burleson is a 5-star analyst with an average return of 14.1% and a 60.1% success rate. Burleson covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Integrated Device Tech, and Mitel Networks Corp.

Currently, the analyst consensus on ExOne is Moderate Buy and the average price target is $14, representing a 27.9% upside.

In a report released today, B.Riley FBR also reiterated a Buy rating on the stock with a $15 price target.

The company has a one-year high of $14.43 and a one-year low of $6.72. Currently, ExOne has an average volume of 153.1K.

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The ExOne Co. engages in the development, manufacture, and marketing of 3D printing machines. It offers 3D printing solutions to industrial customers in the aerospace, automotive, heavy equipment, energy, and oil & gas industries. The company was founded in 2005 and is headquartered in North Huntingdon, PA.