JPMorgan analyst Samik Chatterjee raised the firm’s price target on Coherent (COHR) to $245 from $215 and keeps an Overweight rating on the shares. The company’s fiscal Q2 report included new wins and enhanced demand visibility, the analyst tells investors in a research note. The firm says Coherent is seeing portfolio-wide demand strength.
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Read More on COHR:
- Coherent price target raised to $235 from $215 at Barclays
- 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