B of A Securities Maintains Neutral on Coherent, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Neutral rating on Coherent (NYSE:COHR) and lowers the price target from $55 to $35.
August 17, 2023 | 11:13 am
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Coherent and lowered the price target from $55 to $35.
The lowering of the price target by B of A Securities from $55 to $35 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Coherent's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100