Notable Tech Movers: 3D Systems Corporation(NYSE:DDD), Amazon.com, Inc. (NASDAQ:AMZN), eBay Inc (NASDAQ:EBAY)

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In a research note issued today, Deutsche Bank reiterated its Buy rating on 3D Systems Corporation(NYSE:DDD) citing solid materials performance and views valuation as attractive.

Analysts have a consensus price target of $82 on 3D Systems Corporation(NYSE:DDD) which indicates a 74% upside. The consensus rating of the stock is a HOLD with a score of 2.42. There are currently 5 Hold ratings, 3 Sell ratings and 11 Buy ratings on the stock.

A recent analyst action consisted of Goldman Sachs initiating coverage on the stock with a Neutral rating and $63 price target.

Amazon.com, Inc. (NASDAQ:AMZN), earlier today announced the launch of its Wearable Technology store – a one-stop shop where customers can easily discover the latest in wearable technology and research wearable devices including activity trackers, smart watches, wearable cameras and more, according to the company. In addition to the largest selection of items from top brands including Samsung, Jawbone and GoPro, the store features products from emerging brands like Basis and Misfit as well as devices coming soon from brands like Narrative and Bionym.

Analysts have a consensus price target of $417 on Amazon.com, Inc. (NASDAQ:AMZN) which indicates a 26% upside. The consensus rating of the stock is a BUY with a score of 2.74. There are currently 6 Hold Ratings, 25 Buy ratings, 1 Strong Buy ration and 2 Sell ratings on the stock.

A recent analyst action consisted of Argus upgrading the stock from Hold to Buy with a $480 price target on the stock.

eBay Inc (NASDAQ:EBAY) is expected to report first quarter earnings after the market close on Tuesday, April 29 with a conference call scheduled for 5:00 pm ET.  In the past quarter, eBay and investor Carl Icahn engaged in a public back-and-forth battle over Icahn’s nomination of two employees to the company’s board and a proposed spin-off of the PayPal business. eBay said a separation of business was not in the best way to serve shareholders to break up the company.

Analysts have a consensus price target of $62.46 on eBay Inc (NASDAQ:EBAY) which indicates a 17.97% upside. The consensus rating of the stock is a BUY with a score of 2.67. There are currently 11 Hold Ratings, 19 Buy ratings, 2 Strong Buy ratings and 1 Sell rating on the stock.

The most recent analyst action consisted of TheStreet reiterating their BUY rating on the stock on March 5th, 2014.

 

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