Analyst Expectations for IPG Photonics's Future
Portfolio Pulse from Benzinga Insights
IPG Photonics (NASDAQ:IPGP) has received 4 bullish, 1 somewhat bullish, and 1 indifferent rating from analysts in the last quarter. The average price target is $142.17, indicating potential upside from the current price of $99.0. However, this average has decreased by 6.47% from the previous average price target of $152.00.
August 18, 2023 | 12:00 pm
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IPG Photonics has received mostly bullish ratings from analysts, with a potential upside indicated by the average price target. However, the decrease in the average price target could suggest a less optimistic outlook.
The majority of analyst ratings for IPG Photonics are bullish, which would typically suggest a positive impact on the stock. However, the decrease in the average price target could indicate a less optimistic outlook, potentially neutralizing the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100