Susquehanna Maintains Neutral on Coherent, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Coherent (NYSE:COHR) and raises the price target from $55 to $90.
July 17, 2024 | 12:16 pm
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Susquehanna analyst Mehdi Hosseini maintains a Neutral rating on Coherent but raises the price target from $55 to $90.
The raised price target from $55 to $90 suggests a positive outlook for Coherent's stock, despite the Neutral rating. This could lead to a short-term increase in stock price as investors react to the higher valuation.
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