PINL:VJTTY - Post by User
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ramuntchoon Jun 08, 2017 1:24pm
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Voxeljet AG (VJET) PT Raised to $8.00 at Piper Jaffray
Voxeljet AG (VJET) PT Raised to $8.00 at Piper JaffrayVoxeljet AG (VJET) PT Raised to $8 at Piper Jaffray; HSS Seen as Significant Driver
May 23, 2017 8:19 AM EDT
Get AlertsVJET Hot Sheet Price: $5.64 +13.03% Rating Summary: 4 Buy,
3 Hold,
0 Sell Rating Trend: Up Today's Overall Ratings: Up: 11 | Down: 17 | New: 17 Trade VJET Now! Join SI Premium – FREE
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Piper Jaffray analyst
Troy Jensen raised his price target on Voxeljet AG (NYSE:
VJET) to $8.00 (from $5.00) while maintaining an Overweight rating.
Jensen continues to believe the overall 3D printing market is experiencing a modest uptick, but they also believe the soon to be unveiled High Speed Sintering (HSS) 3D printer could be a significant driver for the company.
"With HP blazing the trail for HSS, we anticipate Voxeljet will be able to effectively compete in this market and be the # 2 player," the analyst commented. "We believe VJET will focus on a larger build envelope (versus HP) given the company’s history in large format 3D printers, which would be ideal for service bureaus and large commercial users."