IPG Photonics（纳斯达克股票代码：IPGP）PT 上调至140.00美元|纳斯达克_新浪财经

IPG Photonics (NASDAQ:IPGP – Get Rating) had its price target lifted by analysts at Benchmark from $130.00 to $140.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a "buy" rating on the semiconductor company's stock. Benchmark's target price would indicate a potential upside of 4.86% from the stock's current price.

A number of other brokerages also recently commented on IPGP. Stifel Nicolaus assumed coverage on shares of IPG Photonics in a research report on Wednesday, November 2nd. They issued a "buy" rating and a $110.00 price objective for the company. Raymond James raised shares of IPG Photonics from an "underperform" rating to a "market perform" rating in a research report on Tuesday, November 1st. Finally, DA Davidson reissued a "buy" rating on shares of IPG Photonics in a research report on Tuesday, January 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $135.00.

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IPG Photonics Price Performance

Shares of IPGP opened at $133.51 on Wednesday. The firm has a 50-day moving average of $104.89 and a 200-day moving average of $95.96. IPG Photonics has a one year low of $79.88 and a one year high of $139.82. The company has a market cap of $6.50 billion, a PE ratio of 67.77, a price-to-earnings-growth ratio of 12.58 and a beta of 1.24.

Institutional Trading of IPG Photonics

A number of hedge funds have recently modified their holdings of IPGP. Concord Wealth Partners acquired a new stake in IPG Photonics in the 4th quarter worth about $27,000. Point72 Middle East FZE acquired a new stake in IPG Photonics in the 4th quarter worth about $28,000. Wipfli Financial Advisors LLC acquired a new stake in IPG Photonics in the 3rd quarter worth about $36,000. Quadrant Capital Group LLC raised its stake in IPG Photonics by 195.1% in the 2nd quarter. Quadrant Capital Group LLC now owns 478 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 316 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its stake in IPG Photonics by 363.9% in the 4th quarter. Eagle Bay Advisors LLC now owns 566 shares of the semiconductor company's stock worth $54,000 after purchasing an additional 444 shares in the last quarter. Institutional investors and hedge funds own 63.50% of the company's stock.

About IPG Photonics

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IPG Photonics Corp. engages in the design, development, production and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components. Its products include lasers, beam delivery, medical, telecom equipment, product finder and components such as pump diodes, chillers, and mid-IR crystals.