B. Riley raised the firm’s price target on Coherent (COHR) to $113 from $85 and keeps a Neutral rating on the shares. The company reported a “solid beat-and-raise” quarter, the analyst tells investors in a research note.
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Read More on COHR:
- Coherent price target raised to $150 from $120 at Morgan Stanley
- Coherent downgraded to Market Perform from Outperform at Northland
- Coherent price target raised to $168 from $140 at Stifel
- Coherent price target raised to $170 from $135 at Barclays
- Coherent Corp’s Strong Performance and Growth Potential in AI and Cloud Markets Drives Buy Rating