IPG Photonics (IPGP) Tops Q1 EPS by 3c ; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
IPG Photonics (IPGP) PT Lowered to $68 at Citi
May 2, 2024 5:59 AM EDTCiti 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
