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Enter Symbol:
Ipg Photonics Corporation (IPGP) [hlAlert]

up 291.64 %

Ipg Photonics Corporation (IPGP) rated Outperform with price target $27 by Friedman Billings

Posted on: Friday,  Feb 29, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Ipg Photonics Corporation (NASDAQ: IPGP) on 02/29/2008. Previously Friedman Billings rated Buy Ipg Photonics Corporation (NASDAQ: IPGP) on
10/16/2007., when the stock price was $21.91. Since then, Ipg Photonics Corporation has gained 291.65% as of 01/25/2016's recent price of $85.81.
If you would have followed the previous Friedman Billings's recommendation on IPGP, you would have gained 291.64% of your investment in 3023 days.

IPG Photonics Corporation (IPG) is a developer and manufacturer of a line of fiber lasers for diverse applications in numerous markets. The Company?s lines of low, mid and high-power lasers and amplifiers are used in materials processing, advanced, communications and medical applications. It sells its products globally 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, from semiconductor diodes to optical fiber preforms, finished fiber lasers and amplifiers. It also makes packaged diodes, direct diode laser systems and communications systems that utilize its optical fiber-based products.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/29/2008 8:25 AM Buy
17.07 27.00
as of 12/24/2008
1 Week up  1.20 %
1 Month up  19.64 %
3 Months up  2.86 %
1 YTD down  -23.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2007 9:39 PM Buy
21.91 28.00

(*) Stock Price at the time of the recommendation.
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