Stifel Maintains Buy on Coherent, Maintains $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ruben Roy has maintained a Buy rating on Coherent (NYSE:COHR) and kept the price target at $68. This reaffirms Stifel's positive outlook on Coherent's stock.
April 01, 2024 | 3:00 pm
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Stifel analyst Ruben Roy reaffirms a Buy rating on Coherent, with a price target of $68, indicating a positive outlook on the stock.
The maintenance of a Buy rating and a steady price target by a reputable analyst like Ruben Roy suggests a strong vote of confidence in Coherent's current strategy and future prospects. This is likely to be viewed positively by investors, potentially leading to a short-term uplift in the stock's price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100