B. Riley Securities Maintains Buy on Coherent, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Coherent (NYSE:COHR) and raised the price target from $78 to $86, as per analyst Dave Kang.
August 16, 2024 | 12:39 pm
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B. Riley Securities has maintained its Buy rating on Coherent and raised the price target from $78 to $86, indicating a positive outlook for the stock.
The raised price target and maintained Buy rating from a reputable analyst firm like B. Riley Securities is likely to boost investor confidence in Coherent, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100