Information Provided By:
Fly News Breaks for May 1, 2019
IPGP
May 1, 2019 | 08:28 EDT
Needham analyst James Ricchiuti raised his price target on IPG Photonics to $185 and kept his Buy rating after its Q1 results and Q2 outlook assured investors that the company is positioned for "gradual recovery" given the sequential growth in China orders. The analyst also believes that IPG Photonics is "blunting" the competitive price pressure in fiber laser segment with lower components costs and new product initiatives.
News For IPGP From the Last 2 Days
There are no results for your query IPGP
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.