Growing geopolitical and macroeconomic uncertainties have begun to hit the order book of IPG Photonics, the world's leading vendor of high-power fiber lasers. Despite posting record-breaking sales of ...
Citi downgraded IPG Photonics (NASDAQ:IPGP) to Neutral from Buy mainly citing challenging global macroeconomic conditions, which are likely to offset the demand growth from emerging applications. Citi ...
On Thursday, Citi issued a downgrade for IPG Photonics (NASDAQ:IPGP) Corporation (NASDAQ:IPGP), shifting its rating from Neutral to Sell and reducing the price target significantly from $111.00 to $74 ...