Needham Reiterates Buy on Coherent, Maintains $64 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Coherent (NYSE:COHR) and maintained a price target of $64.
August 14, 2023 | 10:05 am
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POSITIVE IMPACT
Needham analyst has reiterated a 'Buy' rating on Coherent and maintained a price target of $64.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $64 price target indicates a positive outlook for Coherent. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100