Needham Reiterates Buy on Coherent, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Coherent (NYSE:COHR) and maintained a $50 price target.
October 11, 2023 | 10:52 am
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Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Coherent and maintained a $50 price target.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $50 price target could potentially boost investor confidence in Coherent, leading to a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100