Stifel analyst Ruben Roy raised the firm’s price target on Coherent (COHR) to $140 from $118 and keeps a Buy rating on the shares ahead of quarterly results. The firm is optimistic on the company’s story, which is underpinned by strong peer commentary, internal checks, and self-help initiatives.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade COHRPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- COHR Earnings this Week: How Will it Perform?
- Coherent announces agreement to sell materials processing tools divison
- Lumentum downgraded to Outperform from Strong Buy at Raymond James
- Coherent price target raised to $150 from $120 at Susquehanna
- Coherent price target raised to $135 from $110 at Barclays