Needham Maintains Buy on Coherent, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti maintains a Buy rating on Coherent (NYSE:COHR) and raises the price target from $64 to $72.
April 01, 2024 | 11:00 am
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Needham analyst James Ricchiuti maintains a Buy rating on Coherent and raises the price target from $64 to $72.
The upgrade in price target by a reputable analyst like James Ricchiuti from Needham is a strong positive signal for Coherent. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100