Form 8-K IPG PHOTONICS CORP For: Jul 30
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
IPG Photonics (IPGP) PT Lowered to $50 at Citi
August 1, 2024 7:33 AM EDTCiti analyst Jamie Wang lowered the price target on IPG Photonics (NASDAQ: IPGP) to $50.00 (from $68.00) while maintaining a Sell rating.
The analyst comments "We reduce our 2024E earnings forecast by 45% to reflect the weaker-than-expected 2Q24 results and bearish 3Q24 guidance. Mgmt. admitted that, with... More
