Coverage Reiterated: 3D Systems (DDD), Splunk (SPLK), ON Semiconductor (ONNN), Akamai Technologies (AKAM), GameStop (GME)

3D Systems Corporation (DDD) was reiterated a ‘Neutral’ by UBS analysts on Friday. The broker also cut its price target on the stock to $32 from $41.

On valuation measures, 3D Systems shares are currently priced at 153.69x this year’s forecasted earnings compared to the industry’s 15.02x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.40 and 23.21, respectively. Price/Sales for the same period is 5.38 while EPS is $0.20. Currently there are 6 analysts that rate DDD a ‘Buy’, 11 rate it a ‘Hold’. 2 analysts rate it a ‘Sell’. DDD has a median Wall Street price target of $36.00 with a high target of $66.00.

In the past 52 weeks, shares of Rock Hill, South Carolina-based 3D printing company have traded between a low of $27.00 and a high of $79.77 and are now at $30.43. Shares are down 60.43% year-over-year and 8.55% year-to-date.

Splunk, Inc. (SPLK) was reiterated as ‘Buy’ with an $82 from $73 price target on Friday by UBS.

Splunk, Inc., currently valued at $8.26 billion, has a median Wall Street price target of $77.50 with a high target of $89.00. Approximately 14.59 million shares have already changed hands, compared to the stock’s average daily volume of 1.71 million.

In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $39.35 and a high of $106.15 with the 50-day MA and 200-day MA located at $59.56 and $58.25 levels, respectively. Additionally, shares of SPLK trade at a P/E ratio of 17.46 and have a Relative Strength Index (RSI) and MACD indicator of 63.57 and +3.01, respectively.

SPLK currently prints a one year loss of about 25% and a year-to-date return of around 18%.

ON Semiconductor Corp. (ONNN) rating of ‘Buy’ was reiterated today at Deutsche Bank (DB) with a price target increase of $16 from $14 (versus a $12.86 previous close).

ONNN shares recently lost 6c to $12.80. In the past 52 weeks, shares of Phoenix, Arizona-based semiconductor have traded between a low of $6.76 and a high of $13.07. Shares are up 36.23% year-over-year and 26.95% year-to-date.

Shares of Akamai Technologies, Inc. (AKAM) are up $0.06 to $69.61 in mid-day trading after Oppenheimer reiterated its ‘Outperform’ rating and increased its 12-month base case estimate on the name by 7 points to $77 a share.

AKAM shares are up more than 13% year-over-year and 10.48% year-to-date. In the past 52 weeks, shares of Cambridge, Massachusetts-based cloud services provider have traded between a low of $50.52 and a high of $71.83.

Akamai Technologies, Inc. closed Thursday at $69.56. The name has a total market cap of $12.38 billion.

GameStop Corp. (GME) was reiterated as ‘Outperform’ and the price target was increased to $45 from $40 at Oppenheimer.

GME shares recently lost $0.07 to $36.96. Oppenheimer’s target price suggests a potential upside of about 22% from the company’s current stock price.

In the past 52 weeks, shares of Grapevine, Texas-based firm have traded between a low of $31.69 and a high of $46.59. Shares are up 0.49% year-over-year and 9.56% year-to-date.

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