Analyst Expectations for Coherent's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 19 analysts have published their opinion on Coherent (NYSE:COHR) stock. The average price target for Coherent is $44.74, representing a 13.33% decrease from the previous average price target of $51.62. The ratings are mixed with 8 bullish, 2 somewhat bullish, 8 indifferent, and 1 somewhat bearish.
July 18, 2023 | 12:00 pm
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Analysts have mixed opinions on Coherent's stock with an average price target of $44.74, a 13.33% decrease from the previous target.
The mixed analyst ratings indicate uncertainty about the future performance of Coherent's stock. The decrease in the average price target suggests that analysts are less optimistic about the stock's potential for growth in the short term. However, the presence of bullish ratings also indicates some positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100