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BofAML leaves IPG sidelines before earnings

Apr. 22, 2019 6:18 AM ETIPG Photonics Corporation (IPGP) StockIPGPBy: Brandy Betz, SA News Editor
  • Bank of America Merrill Lynch upgrades IPG Photonics (NASDAQ:IPGP) from Neutral to Buy and raises the target from $153 to $200, implying a 14% upside.
  • IPG is expected to report earnings on April 30. Consensus estimates have revenue at $307.39M with $1.11 EPS.

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