Coherent shares are trading lower after B. Riley Securities downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Coherent's stock has been downgraded from Buy to Neutral by B. Riley Securities, leading to a decrease in the company's share price.

June 28, 2023 | 11:40 am
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Coherent's stock was downgraded by B. Riley Securities, which has resulted in a decrease in the company's share price.
Analyst ratings often have a significant impact on a company's stock price. In this case, the downgrade from Buy to Neutral by B. Riley Securities indicates a less optimistic outlook for Coherent, which has led to a decrease in the company's share price.
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