B of A Securities Upgrades Coherent to Buy, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Coherent (NYSE:COHR) from Neutral to Buy and raised the price target from $65 to $75.
August 12, 2024 | 11:56 am
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B of A Securities has upgraded Coherent from Neutral to Buy and increased the price target from $65 to $75, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy and the increased price target suggest that B of A Securities sees significant upside potential in Coherent's stock. This is likely to attract more investors and drive the stock price up in the short term.
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