Raymond James Upgrades IPG Photonics to Outperform, Announces $170 Price Target
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Brian Gesuale upgraded IPG Photonics (NASDAQ:IPGP) from Market Perform to Outperform and announced a $170 price target.

June 14, 2023 | 10:30 am
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IPG Photonics (NASDAQ:IPGP) has been upgraded from Market Perform to Outperform by Raymond James, with a new price target of $170.
The upgrade from Market Perform to Outperform by Raymond James indicates a positive outlook for IPG Photonics. The new price target of $170 suggests potential upside for the stock. This news is likely to have a positive short-term impact on IPGP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100