Price Target Changed: 3D Systems (DDD), Medtronic (MDT), Tesla (TSLA), Under Armour (UA)

3D Systems Corporation (DDD) was reiterated a ‘Buy’ by Needham analysts on Tuesday. The broker also raised its price target on the stock to $17 from $16.

3D Systems shares have a t-12 price/sales ratio of 2.53. EPS for the same period registers at ($0.52).

The stock of the $1.76 billion market cap company traded as high as $32.88 on April 16, 2015.

Medtronic plc (MDT) was reiterated as ‘Buy’ with a $90 from $88 price target on Tuesday by Needham.

MDT recently traded at $76.30, a gain of $0.93 over Monday’s closing price. The name has a current market capitalization of $106.90 billion.

As for passive income investors, the company pays shareholders $1.52 per share annually in dividends, yielding 2.02%. Five year average dividend yield currently stands at 2.08%.

Shares of Tesla Motors, Inc. (TSLA) are down $8.28 to $238.71 in pre-market trading despite Credit Suisse (CS) reiterating its ‘Outperform’ rating and upping its 12-month base case estimate on the name by 40 points to $280 a share. The name is down on weaker than expected 1Q16 deliveries of 14,820, below guidance for 16K.

Shares of Under Armour, Inc. (UA) are down $0.38 at $83.00 in early pre-market trading on Tuesday.

FBR Capital raised this morning its price target on the shares to $118 from $115, and reiterated an ‘Outperform’ rating.

In the past 52 weeks, shares of the company have traded between a low of $63.23 and a high of $105.89.

Shares are up 5% year-over-year and 3.44% year-to-date.

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