What 22 Analyst Ratings Have To Say About Coherent
Portfolio Pulse from Benzinga Insights
Over the last quarter, Coherent (NYSE:COHR) has received 22 analyst ratings, with 13 being bullish, 3 somewhat bullish, and 6 indifferent. The company's average 12-month price target is $43.41, a decrease of 3.1% from the previous average of $44.80.
October 11, 2023 | 12:01 pm
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POSITIVE IMPACT
Coherent has received a majority of bullish ratings from analysts over the last quarter, indicating a positive outlook. However, the average 12-month price target has decreased by 3.1%.
The majority of the 22 analyst ratings for Coherent over the last quarter have been bullish, indicating a positive outlook for the company. However, the decrease in the average 12-month price target suggests that analysts may be adjusting their expectations for the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100