Why Stratasys Stock Popped 12.5% Today
You can thank Stifel Nicolaus for that. Stifel initiated coverage of Stratasys stock with a buy rating this morning, assigning the stock a $40 price target. "While the growth outlook for the polymer industry may be lower than that of metals," noted Stifel in a note covered on StreetInsider.com, Stratasys's "mature" business "can leverage its existing infrastructure, including its best-in-class reseller network [to sell] refreshed and new technologies" to its existing customer base.
