IPG Photonics (IPGP) PT Raised to $130 at Needham & Company on Strong Q1 Guidance

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Dougherty & Co Upgrades IPG Photonics (IPGP) to Buy

February 15, 2017 1:02 AM EST

Dougherty & Co upgraded IPG Photonics (NASDAQ: IPGP) from Neutral to Buy with a price target of $137.00.

For an analyst ratings summary and ratings history on IPG Photonics click here. For more ratings news on IPG Photonics click here.

Shares of IPG Photonics closed at $117.02 yesterday.

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IPG Photonics (IPGP) Tops Q4 EPS by 5c, Offers Q1 Guidance

February 14, 2017 8:02 AM EST

IPG Photonics (NASDAQ: IPGP) reported Q4 EPS of $1.39, $0.05 better than the analyst estimate of $1.34. Revenue for the quarter came in at $280.1 million versus the consensus estimate of $273.05 million.

GUIDANCE:

IPG Photonics sees Q1 2017 EPS of $1.10-$1.25, versus the consensus of... More