“`html
IPG Photonics Corp (Symbol: IPGP) shares have recently exceeded the average analyst 12-month target price of $66.40, trading at $67.43 per share. This movement prompts speculation on analysts’ potential responses: downgrading on valuation or raising their target price.
Among the five analysts covering IPGP, target prices vary, with one set as low as $55.00 and another as high as $75.00, showcasing a standard deviation of $8.50. Currently, analyst ratings display 2 Strong Buy, 5 Hold, 1 Sell, and 1 Strong Sell, leading to an average rating of 2.89 on a scale where 1 is Strong Buy and 5 is Strong Sell.
“`
