Susquehanna Reiterates Their Hold Rating on 3D Systems

By Ryan Adsit

In a report released today, David Ryzhik from Susquehanna reiterated a Hold rating on 3D Systems (NYSE: DDD), with a price target of $12. The company’s shares opened today at $12.98.

According to, Ryzhik is a 1-star analyst with an average return of -27.7% and a 0.0% success rate. Ryzhik covers the Consumer Goods sector, focusing on stocks such as Applied Materials, Seagate Tech, and Stratasys.

Currently, the analyst consensus on 3D Systems is Moderate Sell and the average price target is $11.25, representing a -13.3% downside.

In a report released yesterday, Stifel Nicolaus also reiterated a Hold rating on the stock with a $12 price target.

Based on 3D Systems’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $177 million and GAAP net loss of $10.13 million. In comparison, last year the company earned revenue of $166 million and had a net profit of $5.23 million.

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3D Systems Corp. is a holding company, which engages in the provision of three dimensional printing centric designs. It offers 3D printers, Quickparts solutions, 3D authoring tools and scanners, Bespoke Modeling, and TeamPlatform. It operates its business in America, Germany and Asia Pacific. The company was founded by Charles W.