Susquehanna Maintains Neutral on Coherent, Raises Price Target to $40
Portfolio Pulse from jenniferd'souza@benzinga.com
Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Coherent (NYSE:COHR) and raises the price target from $33 to $40.
July 25, 2023 | 1:29 pm
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NEUTRAL IMPACT
Susquehanna analyst maintains a Neutral rating on Coherent and raises the price target from $33 to $40. This could potentially attract investors.
The news is directly about Coherent (COHR). The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could potentially attract investors who agree with Susquehanna's analysis, but it's not necessarily a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100