Market Exclusive

Analyst Downgrades – IPG Photonics Corporation (NASDAQ:IPGP) Stock Gets Downgraded By Canaccord Genuity from Buy to Hold

Analyst Ratings For IPG Photonics Corporation (NASDAQ:IPGP)

Today, IPG Photonics Corporation (NASDAQ:IPGP) stock was downgraded by Canaccord Genuity from Buy to Hold.

There are 3 hold ratings, 5 buy ratings on the stock.

The current consensus rating on IPG Photonics Corporation (NASDAQ:IPGP) is Buy (Score: 2.63) with a consensus target price of $134.00 per share, a potential 12.87% downside.

Some recent analyst ratings include

Recent Insider Trading Activity For IPG Photonics Corporation (NASDAQ:IPGP)
IPG Photonics Corporation (NASDAQ:IPGP) has insider ownership of 34.20% and institutional ownership of 60.08%.

Recent Trading Activity for IPG Photonics Corporation (NASDAQ:IPGP)
Shares of IPG Photonics Corporation closed the previous trading session at 150.38 down -3.43 -2.23% with 388,425 shares trading hands.

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