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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100