Option Millionaires

[jimmybob]

Stratasys recent pullback a buying opportunity, says Piper Jaffray
Piper Jaffray attributes the recent pullback in shares of Stratasys to concerns around the company's spending levels. Piper lowered its 2015 earnings estimates to reflect higher spending, and dropped its price target for shares to $120 from $130, but recommends buying Stratasys on the recent sell-off. The firm thinks the stock is already pricing in a guidance cut for 2015 and reiterates an Overweight rating on the name