IPG Photonics (IPGP) Tops Q1 EPS by 3c ; Offers Guidance
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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
