Stratasys price target lowered to $12 from $14 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on Stratasys (SSYS) to $12 from $14 and keeps a Buy rating on the shares. The demand environment has improved modestly but earnings are getting hit on FX and tariff headwinds, likely putting a near-term overhang on the stock, the analyst tells investors in a research note. The firm is awaiting new product announcements and partnerships later this year, which could lead to additional growth opportunities.