Benchmark Downgrades IPG Photonics to Hold
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Miller has downgraded IPG Photonics (NASDAQ:IPGP) from Buy to Hold.
July 31, 2024 | 5:13 pm
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NEGATIVE IMPACT
Benchmark analyst Mark Miller has downgraded IPG Photonics from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on IPG Photonics' near-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100