Rosenblatt Reiterates Buy on Coherent, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has reiterated a 'Buy' rating on Coherent (NYSE:COHR) and maintained a price target of $45.
September 21, 2023 | 11:41 am
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Rosenblatt analyst Mike Genovese has reiterated a 'Buy' rating on Coherent, maintaining a price target of $45.
The reiteration of a 'Buy' rating by a Rosenblatt analyst indicates a positive outlook for Coherent. The maintained price target of $45 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in buying pressure for the stock, positively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100