What 4 Analyst Ratings Have To Say About Coherent
Portfolio Pulse from Benzinga Insights
In the last three months, four analysts have published ratings on Coherent (NYSE:COHR), with a mix of bullish and indifferent perspectives. The average 12-month price target has increased by 17.31% to $76.25. Analysts from B of A Securities, Susquehanna, Needham, and Stifel have either raised or maintained their ratings, reflecting positive sentiment despite recent revenue challenges.
August 12, 2024 | 3:01 pm
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POSITIVE IMPACT
Coherent (NYSE:COHR) has received mixed but generally positive ratings from analysts over the past three months. The average 12-month price target has increased by 17.31% to $76.25, indicating a positive outlook despite recent revenue challenges.
The increase in the average 12-month price target and the positive ratings from multiple analysts suggest a bullish short-term outlook for Coherent. Despite recent revenue challenges, the overall sentiment remains positive, which is likely to support the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100