Susquehanna Maintains Neutral on Coherent, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini has maintained a Neutral rating on Coherent (NYSE:COHR) and kept the price target at $55.

April 08, 2024 | 3:21 pm
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NEUTRAL IMPACT
Susquehanna maintains a Neutral rating on Coherent with a $55 price target.
The maintenance of a Neutral rating and a steady price target by a significant analyst like Mehdi Hosseini from Susquehanna suggests no immediate positive or negative catalysts for Coherent's stock price in the short term. The rating indicates that the analyst sees the stock as fairly valued at its current level, with the price target suggesting no significant upside or downside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90