Stifel Maintains Buy on Coherent, Raises Price Target to $58-Report Released on 4 February 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ruben Roy has maintained a Buy rating on Coherent (NYSE:COHR) and increased the price target from $50 to $58 as of 4 February 2024.
February 05, 2024 | 8:31 pm
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POSITIVE IMPACT
Stifel analyst Ruben Roy reaffirmed a Buy rating on Coherent and raised the price target from $50 to $58.
The increase in price target by Stifel reflects a positive outlook on Coherent's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100