The Analyst Landscape: 5 Takes On Coherent
Portfolio Pulse from Benzinga Insights
Coherent (NYSE:COHR) has received diverse analyst ratings over the past three months, with a mix of bullish and neutral perspectives. Analysts have set a 12-month average price target of $73.4, reflecting a 10.54% increase from the previous target. Key analysts have maintained or raised their ratings, with price targets ranging from $65 to $90. Despite revenue challenges, Coherent's financial metrics such as net margin, ROE, and ROA surpass industry averages, although its debt-to-equity ratio is higher than the industry norm.
July 17, 2024 | 1:01 pm
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Coherent has received mixed analyst ratings, with a 12-month average price target of $73.4, indicating a 10.54% increase. Key analysts have maintained or raised their ratings, with price targets ranging from $65 to $90. Despite a recent revenue decline, Coherent's financial metrics such as net margin, ROE, and ROA are strong, though its debt-to-equity ratio is higher than the industry average.
The diverse analyst ratings and the upward revision of the average price target suggest positive sentiment. The strong financial metrics, despite revenue challenges, indicate resilience, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100