Form 8-K IPG PHOTONICS CORP For: Jul 30
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IPG Photonics (IPGP) PT Lowered to $148 at Needham & Company
July 31, 2019 8:12 AM EDTNeedham & Company analyst James Ricchiuti lowered the price target on IPG Photonics (NASDAQ: IPGP) to $148.00 (from $150.00) while maintaining a Buy rating.
The analyst commented, "IPGP yesterday posted better-than-expected Q2 revs and EPS (excluding Fx losses) and had a B-T-B that was above 1.0. Although... More
