The deal priced at low end of $237.50-$240.00 range. BofA is acting as sole book running manager for the offering.
Claim 30% Off TipRanks
New trading tool for COHR bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- Coherent 9.4M share Block Trade; price range $237.50-$240.00
- Coherent price target raised to $250 from $230 at BofA
- Coherent Corp. Rides AI Demand in Record Quarter
- Coherent Corp. Insider 10b5‑1 Stock Sales Raise Questions Over Confidence, Volatility, and Governance Risk
- Coherent: Strengthening Optical and AI Data Center Momentum Underpins Multi‑Year Growth and Upside Potential