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The word on The Street in general, suggests a Hold analyst consensus rating for IPG Photonics with a $138.00 average price target, which is a -4.2% downside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a $113.00 price target.
The company has a one-year high of $182.17 and a one-year low of $113.67. Currently, IPG Photonics has an average volume of 371.6K.
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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, laser systems, beam delivery, medical, telecom equipment, product finder, and components such as pump diodes, chillers, and mid-IR crystals.