Barclays Maintains Overweight on Coherent, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley maintains an Overweight rating on Coherent (NYSE:COHR) and raises the price target from $66 to $85.
August 14, 2024 | 2:48 pm
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Barclays analyst Tom O'Malley maintains an Overweight rating on Coherent and raises the price target from $66 to $85.
The raised price target and maintained Overweight rating from a reputable analyst at Barclays is likely to positively impact Coherent's stock price in the short term as it signals strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100