17 Analysts Have This To Say About Coherent
Portfolio Pulse from Benzinga Insights
Seventeen analysts have shared their insights on Coherent (NYSE:COHR) over the past three months, with a majority expressing bullish sentiments. The average 12-month price target has increased by 18.72% to $86.18. Analysts have adjusted their ratings and price targets, reflecting positive market perceptions. Coherent has shown strong revenue growth and financial performance, although it has a higher debt-to-equity ratio than the industry average.
October 22, 2024 | 6:05 pm
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Coherent (NYSE:COHR) has received predominantly bullish ratings from analysts, with an increase in the average 12-month price target to $86.18. The company's strong revenue growth and financial performance are highlighted, although its debt-to-equity ratio is higher than the industry average.
The majority of analysts have expressed bullish sentiments towards Coherent, with an increase in the average price target indicating positive expectations for the stock. The company's strong revenue growth and financial performance further support a positive outlook, although the higher debt-to-equity ratio poses a risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100