Citigroup Maintains Buy on IPG Photonics, Lowers Price Target to $137
Citigroup analyst Jamie Wang maintains IPG Photonics (NASDAQ:IPGP) with a Buy and lowers the price target from $150 to $137.
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IPG Photonics Enters Into A Binding Offer To Acquire Lumibird Medical For A Purchase Price Of €300M On A Cash-Free, Debt-free Basis; Co. Expects Deal Also Adds About $1B In Addressable Market For Advanced Solutions
IPG Photonics Corporation (NASDAQ:IPGP) today announced that it has entered into a binding offer to acquire Lumibird Medical. The acquisition advances IPG’s strategy, further expanding the Advanced Solutions portfolio
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IPG Photonics shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.
Read original at benzingaIPG Photonics Sees Q3 Adj EPS $0.30-$0.60 vs $0.41 Est; Sees Sales $265.000M-$295.000M vs $276.601M Est
IPG Photonics (NASDAQ:IPGP) is looking for Q3 Adj EPS of $0.30-$0.60 vs $0.41 analyst estimate. sees sales of $265.000 million-$295.000 million vs $276.601 million analyst estimate.
Read original at benzinga8-K filing — IPG PHOTONICS CORP (IPGP)
Filed: 2026-08-04 AccNo: 0001111928-26-000150 Size: 575 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Read original at edgar