Stifel Maintains Buy on Coherent, Raises Price Target to $50
Portfolio Pulse from jenniferd'souza@benzinga.com
Stifel analyst Ruben Roy maintains a 'Buy' rating on Coherent (NYSE:COHR) and raises the price target from $42 to $50.
August 15, 2023 | 12:28 pm
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Stifel analyst maintains a 'Buy' rating on Coherent and raises the price target from $42 to $50.
The news of Stifel maintaining a 'Buy' rating and raising the price target for Coherent indicates a positive outlook for the company. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100