Seaport Global Downgrades IPG Photonics to Neutral
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Scott Graham has downgraded IPG Photonics (NASDAQ:IPGP) from Buy to Neutral.
August 01, 2024 | 12:17 pm
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Seaport Global analyst Scott Graham has downgraded IPG Photonics from Buy to Neutral, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Neutral by a reputable analyst suggests a less favorable view on IPG Photonics' future performance, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100