Rosenblatt Maintains Buy on Coherent, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese maintains a Buy rating on Coherent (NYSE:COHR) and raises the price target from $44 to $76.
February 07, 2024 | 12:44 pm
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Rosenblatt analyst Mike Genovese maintains a Buy rating on Coherent and raises the price target from $44 to $76.
The increase in price target by Rosenblatt from $44 to $76 represents a significant upward revision, indicating a strong bullish outlook on Coherent by the analyst. This is likely to positively influence investor sentiment and could lead to a short-term increase in COHR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100