Benchmark initiated coverage on IPG Photonics Corporation (NASDAQ: IPGP) with a Buy rating.
The target price for IPG Photonics is set to $20.
IPG Photonics shares have gained 52.07 percent over the past 52 weeks, while the S&P 500 index has...
NEW YORK (TheStreet) -- Concern that the Federal Reserve may raise interest rates has caused stocks to pull back, but shareholders of fiber-laser company IPG Photonics
aren't feeling any effects. In fact, considering its performance over...
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IPG Photonics Corporation (IPG) designs and manufactures a line of fiber lasers and fiber amplifiers for applications in a range of markets, such as materials processing, applications, communications and medical. The Company sells its products worldwide to original equipment manufacturers (OEMs), system integrators and end users. It markets its products internationally primarily through its direct sales force, and also through agreements with independent sales representatives and distributors. IPG designs and manufactures components used in its finished products, including semiconductor diodes, optical fiber preforms and cables, finished fiber lasers and amplifiers. It also makes packaged diodes, direct diode laser systems and communications systems that utilize its optical fiber-based products