IPG Photonics (IPGP) Misses Q1 EPS by 9c, Revenues Beat; Offers 2Q EPS/Revenue Guidance

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Go back to IPG Photonics (IPGP) Misses Q1 EPS by 9c, Revenues Beat; Offers 2Q EPS/Revenue Guidance

IPG Photonics (IPGP) PT Raised to $205 at DA Davidson

May 1, 2019 8:54 AM EDT

DA Davidson analyst Thomas Diffely raised the price target on IPG Photonics (NASDAQ: IPGP) to $205.00 (from $175.00) while maintaining a Buy rating following 1Q report. IPGP reported 1Q revenues of $315M (-5% Q/Q and -12% Y/Y) and EPS of $1.02, compared to the... More