In a note to investors Citigroup said that 3D Systems is an unlikely acquisition target. Shares of the 3D printing company recently gained on speculation of a possible acquisition. Citigroup cited 3D Systems' $7 billion market cap as a reason for its skepticism.
In the same not Citigroup said it expects competitor Voxeljet (VJET) to lose some its recent gains.
Must read: Warren Buffett's 25 Favorite Stocks
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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and premium valuation."