Barclays analyst Tom O’Malley raised the firm’s price target on Coherent (COHR) to $235 from $215 and keeps an Overweight rating on the shares post the earnings report. The firm says the company’s “major drivers” are taking shape.
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Read More on COHR:
- Coherent: Robust AI-Driven Fundamentals and Margin Expansion Already Priced In, Justifying a Hold Rating
- Coherent Corp Delivers Strong Q2 2026 Earnings Growth
- Coherent sees Q3 EPS $1.28-$1.48, consensus $1.32
- Coherent reports Q2 EPS $1.29, consensus $1.21
- Coherent options imply 12.6% move in share price post-earnings