Why 3D Systems (DDD) Stock Is Falling In Pre-Market Trading Today

NEW YORK (TheStreet) -- 3D Systems (DDD) price target was lowered to $64 from $78 by analysts at RBC Capital who also maintained an "outperform" rating on the stock.

The company's shares are down -1.5% to $48.50 in pre-market trading on Wednesday.

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The firm expects the company's bottom line to improve as the company's 3-D printing technology matures.

Meanwhile analysts at UBS AG (UBS) set a $51 price target and a "neutral" rating for the company.

TheStreet Ratings team rates 3D SYSTEMS CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate 3D SYSTEMS CORP (DDD) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and premium valuation."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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