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Analysts Offer Insights on Technology Companies: OptimizeRx (OPRX), Desktop Metal (DM) and Stratasys (SSYS)

Analysts have been eager to weigh in on the Technology sector with new ratings on OptimizeRx (OPRXResearch Report), Desktop Metal (DMResearch Report) and Stratasys (SSYSResearch Report).

OptimizeRx (OPRX)

In a report released yesterday, Eric Martinuzzi from Lake Street reiterated a Buy rating on OptimizeRx, with a price target of $18.00. The company’s shares closed last Thursday at $13.61, close to its 52-week low of $11.59.

According to TipRanks.com, Martinuzzi is a 4-star analyst with an average return of 5.0% and a 43.7% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Genius Sports Limited, One Stop Systems, and Perion Network.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for OptimizeRx with a $21.50 average price target, representing a 59.2% upside. In a report issued on May 10, SVB Securities also reiterated a Buy rating on the stock with a $18.00 price target.

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Desktop Metal (DM)

In a report released today, Greg Palm from Craig-Hallum maintained a Hold rating on Desktop Metal. The company’s shares closed last Thursday at $2.02.

According to TipRanks.com, Palm is a 4-star analyst with an average return of 7.6% and a 49.7% success rate. Palm covers the Industrial Goods sector, focusing on stocks such as Allied Motion Technologies, Markforged Holding, and Bluelinx Holdings.

Currently, the analyst consensus on Desktop Metal is a Hold with an average price target of $2.13, a 21.7% upside from current levels. In a report issued on May 11, Credit Suisse also maintained a Hold rating on the stock with a $2.00 price target.

Stratasys (SSYS)

In a report released today, Troy Jensen from Lake Street maintained a Buy rating on Stratasys, with a price target of $21.00. The company’s shares closed last Thursday at $15.94.

According to TipRanks.com, Jensen is a 5-star analyst with an average return of 11.4% and a 53.1% success rate. Jensen covers the Technology sector, focusing on stocks such as Desktop Metal, Materialise, and 3D Systems.

Currently, the analyst consensus on Stratasys is a Strong Buy with an average price target of $15.86, a 6.6% upside from current levels. In a report issued on May 17, Craig-Hallum also reiterated a Buy rating on the stock with a price target.

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