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Fly News Breaks for April 28, 2016
IPGP
Apr 28, 2016 | 14:18 EDT
As previously reported, Dougherty downgraded IPG Photonics to Neutral from Buy. Analyst Joe Maxa said IPG's reduced FY16 guidance suggests the global macro environment is more challenging than expected and would wait for indications of improving conditions before becoming more constructive on shares.
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