SLM Solutions: DB ups to 'buy' ahead of NextGen launch

Nikon SLM Solutions AG

29/09/2020 07:59

** Deutsche Bank raises SLM Solutions  AM3D.DE  to "buy"
from "hold", and more than double PT to EUR 15 ahead of the
German 3D printing specialist's multi laser machine NextGen
launch
    ** DB says SLM Solutions is set to launch in November the
highest productivity tool the industry has ever seen 
    ** The broker expects NextGen tool to increase productivity
by 5-10x against current tool technology
    ** It adds the tool will arrive at a "welcome time" when
localisation of production is already set to lead to an order
recovery starting from Q4 2020
    ** New PT raised to EUR 15 from EUR 6, offers a 91% upside
to current price level
    

 ((elizaveta.gladun@thomsonreuters.com))