3D Printing News: Stratasys, Ltd. (SSYS)’s Raised Price Target & ExOne Co (XONE)’s Improvements

Editor’s Note: Related tickers: Stratasys, Ltd. (NASDAQ:SSYS), ExOne Co (NASDAQ:XONE)

Stratasys Ltd. Hits New 52-Week High at $107.13 (SSYS) (MideastTime)
Shares of Stratasys, Ltd. (NASDAQ:SSYS) hit a new 52-week high during mid-day trading on Monday, StockRatingsNetwork reports. The stock traded as high as $107.13 and last traded at $106.27, with a volume of 1,379,801 shares trading hands. The stock had previously closed at $99.23. SSYS has been the subject of a number of recent research reports. Analysts at Piper Jaffray Cos. raised their price target on shares of Stratasys from $96.00 to $118.00 in a research note to investors on Friday, August 9th.

Stratasys, Ltd.

North Huntingdon firm ExOne gets aggressive with research and development funding (MenaFN)
ExOne Co (NASDAQ:XONE) executives told shareholders Monday the North Huntingdon company is stepping up research and development spending to find more materials that can be used with its 3-D printing manufacturing technology. Chief financial officer John Irvin said the 2.1 million that the company invested in research and development in the first half of 2013 exceeded the 1.9 million it spent last year. “We’re aggressively spending our money on the R&D side,” Mr. Irvin told shareholders who attended ExOne Co (NASDAQ:XONE)’s first shareholder meeting Monday, which was held at the Wyndham Grand, Downtown.

Stratasys Patents that could turn MakerBot into the ultimate 3D Printer (Prsnlz)
The Is are now dotted and the Ts crossed in one of the biggest 3D printing deals in history. MakerBot and Stratasys, Ltd. (NASDAQ:SSYS) have completed their merger worth a reported $400m. …The merger came out of the blue but made sense for both companies, Stratasys have acquired the leader in the consumer market, a market they have struggled to break into with the Mojo. The benefits for MakerBot however are much more exciting to us, the consumer. By jumping into bed with Stratasys, Ltd. (NASDAQ:SSYS), MakerBot now have access to four important patents, which could significantly advance their own line of 3D printers. At the merger press conference back in June David Reis stated that MakerBot would have access to “Stratasys’ supermarket of R&D.”

Stratasys, Ltd. (NASDAQ:SSYS), the leader in professional 3D printing, and MakerBot, the leader in desktop 3D printing, today announced the completion of their merger first announced on June 19th. Stratasys is a pioneer in 3D printing for prototyping and production, and for more than 25 years has enabled designers and engineers to bring their ideas to life. MakerBot, founded in 2009, helped develop the desktop 3D printing market and has built the largest installed base of 3D printers in the category by making 3D printers highly accessible. MakerBot has sold more than 22,000 3D printers since 2009.