IPG Photonics (NASDAQ:IPGP) Upgraded by Needham & Company LLC to "Buy" Rating
Needham & Company LLC has upgraded IPG Photonics (NASDAQ:IPGP) from a "hold" to a "buy" rating, setting a $110.00 price target, suggesting a potential 21.09% upside. This upgrade comes despite the company missing its Q1 earnings per share estimates, though revenue exceeded expectations. Several other analysts have also recently adjusted their ratings and price targets for IPG Photonics.
https://www.marketbeat.com/instant-alerts/ipg-photonics-nasdaqipgp-upgraded-by-needham-company-llc-to-buy-rating-2026-05-06/