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

Rating:
Neutral IPGP

Ipg Photonics Corporation (IPGP) rated Neutral by Longbow

Posted on: Friday,  Dec 19, 2008  9:25 AM ET by Longbow

IPG Photonics
(IPGP) rated Neutral by Longbow.

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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2008 9:25 AM Hold
None
12.76
as of 12/24/2008
1 Week down  -23.74 %
1 Month   
3 Months   
1 YTD down  -23.74 %

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