JP Morgan Maintains Overweight on Coherent, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Coherent (NYSE:COHR) and raises the price target from $75 to $85.
August 12, 2024 | 6:47 pm
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JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Coherent and raises the price target from $75 to $85.
The raised price target and maintained Overweight rating from a reputable analyst at JP Morgan is likely to positively impact Coherent's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100