Needham Reiterates Hold on IPG Photonics
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has reiterated a Hold rating on IPG Photonics (NASDAQ:IPGP).
October 30, 2024 | 12:19 pm
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Needham analyst James Ricchiuti has reiterated a Hold rating on IPG Photonics, indicating a neutral stance on the stock.
The reiteration of a Hold rating by Needham suggests that the analyst sees no immediate catalysts for significant price movement in IPG Photonics. This neutral stance implies that the stock is expected to perform in line with the market.
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