Rosenblatt Upgrades Coherent to Buy, Announces $45 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has upgraded Coherent (NYSE:COHR) from Neutral to Buy and announced a price target of $45.
August 17, 2023 | 9:25 am
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Coherent's stock has been upgraded from Neutral to Buy by Rosenblatt, with a price target set at $45.
The upgrade from Neutral to Buy indicates a positive outlook for Coherent's stock. The price target of $45 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100