Citigroup Maintains Buy on Coherent, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Coherent (NYSE:COHR) but lowers the price target from $52 to $40.
May 23, 2023 | 2:26 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup analyst Atif Malik maintains a Buy rating on Coherent (NYSE:COHR) but lowers the price target from $52 to $40.
The news of Citigroup maintaining a Buy rating on Coherent is positive for the stock. However, the lowering of the price target from $52 to $40 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100