Barclays analyst Tom O’Malley raised the firm’s price target on Coherent (COHR) to $170 from $135 and keeps an Overweight rating on the shares following the earnings report.
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Read More on COHR:
- Coherent Corp’s Strong Performance and Growth Potential in AI and Cloud Markets Drives Buy Rating
- Coherent Corp. Reports Strong Q1 Fiscal 2026 Results
- Closing Bell Movers: Qualcomm down 3%, Robinhood slips 2% on earnings
- Coherent reports Q1 adjusted EPS $1.16, consensus $1.04
- Coherent sees Q2 adjusted EPS $1.10-$1.30, consensus $1.12