Craig-Hallum Maintains Buy on Coherent, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Coherent (NYSE:COHR) and raises the price target from $72 to $85.
August 16, 2024 | 1:06 pm
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Craig-Hallum analyst Richard Shannon maintains a Buy rating on Coherent and raises the price target from $72 to $85.
The raised price target from $72 to $85 by a reputable analyst suggests increased confidence in Coherent's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100