U.S. Markets closed
  • S&P Futures

    4,553.75
    -22.00 (-0.48%)
     
  • Dow Futures

    34,499.00
    -123.00 (-0.36%)
     
  • Nasdaq Futures

    15,897.75
    -90.75 (-0.57%)
     
  • Russell 2000 Futures

    2,184.20
    -21.00 (-0.95%)
     
  • Crude Oil

    66.91
    +0.41 (+0.62%)
     
  • Gold

    1,771.50
    +8.80 (+0.50%)
     
  • Silver

    22.36
    +0.04 (+0.20%)
     
  • EUR/USD

    1.1298
    -0.0008 (-0.0678%)
     
  • 10-Yr Bond

    1.4480
    +0.0140 (+0.98%)
     
  • Vix

    27.95
    -3.17 (-10.19%)
     
  • GBP/USD

    1.3289
    -0.0014 (-0.1023%)
     
  • USD/JPY

    113.1200
    -0.0890 (-0.0786%)
     
  • BTC-USD

    56,331.97
    -701.20 (-1.23%)
     
  • CMC Crypto 200

    1,432.56
    -6.32 (-0.44%)
     
  • FTSE 100

    7,129.21
    -39.47 (-0.55%)
     
  • Nikkei 225

    27,681.46
    -71.91 (-0.26%)
     

Stifel Sees 75% Upside Shapeways - Read Why

·1 min read
  • Stifel analyst Noelle Dilts initiated Shapeways Holdings Inc (NYSE: SHPW) with a Buy rating and a price target of (implying an upside of 75%), representing 58% upside potential over the next 12 months.

  • Dilts says Shapeways is a leader in the "large and fast-growing" digital manufacturing industry.

  • The analyst believes Shapeways is well-positioned to participate in the growth of digital manufacturing over the next decade.

  • Last week, Shapeways filed with the regulatory about offering up to 35.50 million shares of common stock.

  • Recently, Shapeways debuted its Otto Software-as-a-Service (SaaS), tailormade for traditional manufacturers seeking a simpler, faster, and more flexible path to 3D printing for industrial-grade production.

  • Price Action: SHPW shares are trading lower by 10.1% at $7.4 on the last check Monday.

Latest Ratings for SHPW

Oct 2021

Needham

Initiates Coverage On

Buy

Oct 2021

Stifel

Initiates Coverage On

Buy

View More Analyst Ratings for SHPW
View the Latest Analyst Ratings

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.