IPG Photonics (IPGP) PT Raised to $200 at BofA Securities
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Price: $85.79 +2.20%
Rating Summary:
13 Buy, 10 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
13 Buy, 10 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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BofA Securities analyst Michael Feniger raised the price target on IPG Photonics (NASDAQ: IPGP) to $200.00 (from $140.00) while maintaining a Buy rating following a positive call with CFO.
- "We came away from last week’s call with Tim Mammen, IPGP’s CFO, that the company is positioned to benefit from cyclical and secular tailwinds that are likely to coalesce."
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