Form 8-K IPG PHOTONICS CORP For: Apr 30

Go back to Form 8-K IPG PHOTONICS CORP For: Apr 30

IPG Photonics (IPGP) PT Lowered to $68 at Citi

May 2, 2024 5:59 AM EDT

Citi analyst Jamie Wang lowered the price target on IPG Photonics (NASDAQ: IPGP) to $68.00 (from $74.00) while maintaining a Sell rating.

The analyst comments "We think that IPGPs 2Q24 guidance revenue of US$240mn-270mn (vs. US$235mn-265mn) could only show the normal... More