Needham Maintains Buy on Coherent, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a Buy rating on Coherent (NYSE:COHR) and raised the price target from $84 to $120.
October 14, 2024 | 9:31 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst James Ricchiuti has maintained a Buy rating on Coherent and increased the price target from $84 to $120, indicating a positive outlook.
The increase in the price target from $84 to $120 by a reputable analyst suggests a strong positive outlook for Coherent's stock. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100