Analyst Expectations for Coherent's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Coherent (NYSE:COHR) received 15 bullish, 3 somewhat bullish, and 4 indifferent analyst ratings. Over the past 3 months, 22 analysts have offered 12-month price targets for Coherent, with an average price target of $44.41, representing a 6.17% decrease from the previous average price target of $47.33.
November 08, 2023 | 8:00 pm
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Coherent has received mostly bullish analyst ratings in the last quarter, but the average 12-month price target has decreased by 6.17%.
While the majority of analyst ratings for Coherent are bullish, the decrease in the average 12-month price target could indicate a potential slowdown in the company's growth. This could have a neutral impact on the stock's price in the short term.
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IMPORTANCE 75
RELEVANCE 100