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Enter Symbol:
Rating: TDSC
Sell $10

3d Systems Corporation (NYSE: DDD) downgraded to Sell with price target $10 by UBS

Friday,  Jul 31, 2015  3:25 PM ET by Betsy O'Brien Harrison

UBS downgraded 3d Systems Corporation (NYSE: DDD) to Sell with price target $10. Previously UBS downgraded to 3d
Systems Corporation (NYSE: DDD) to Neutral with price target $32 on 02/27/2015, when the stock price was $30.38. Since then, 3d Systems Corporation's stock price has lost 56% as of 07/31/2015's recent price of $13.26.

3D Systems Corporation (3D Systems) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region. The Company designs, develops, manufactures, markets and services three-dimensional (3-D) printing, rapid manufacturing, and prototyping systems and related products and materials that enable three-dimensional objects to be produced directly from computer data without tooling, reducing the time and cost required to produce prototypes or customized production parts. Its customers use its systems to produce physical objects from digital data using computer-aided design (CAD) software, or other digital-media devices, such as engineering scanners and medical scanners. In October 2009, the Company acquired the assets of Acu-Cast Technologies.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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