Barclays analyst Tom O’Malley raised the firm’s price target on Coherent (COHR) to $350 from $235 and keeps an Overweight rating on the shares.
Claim 55% Off TipRanks
New trading tool for COHR bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- Coherent, NVIDIA Forge Strategic AI Optics Partnership
- Nvidia, Coherent partner for optics technology development
- Coherent up 6% at $273.50 after announced Nvidia strategic partnership
- Coherent price target raised to $250 from $200 at Morgan Stanley
- Coherent call volume above normal and directionally bullish
