On Nov 08, major Wall Street analysts update their ratings for $Coherent (COHR.US)$, with price targets ranging from $100 to $125.
Morgan Stanley analyst Meta Marshall maintains with a hold rating, and adjusts the target price from $72 to $100.
Citi analyst Atif Malik maintains with a buy rating, and adjusts the target price from $39 to $106.
Loop Capital analyst Ananda Baruah maintains with a buy rating, and adjusts the target price from $95 to $120.
Needham analyst James Ricchiuti maintains with a buy rating, and maintains the target price at $120.
Stifel analyst Ruben Roy maintains with a buy rating, and adjusts the target price from $75 to $120.
Furthermore, according to the comprehensive report, the opinions of $Coherent (COHR.US)$'s main analysts recently are as follows:
The company's improved revenue trajectory, albeit tempered by increased expenditure and reduced gross margins, is noted with the anticipation of greater strategic clarity to be provided by the upcoming May analyst day.
The company has reported financial outcomes for the September quarter that surpassed expectations.
The firm's assessment of Coherent has been positive, noting that the company's Q1 revenue exceeded guidance and consensus expectations, with Q2 revenue guidance also surpassing estimates. Anticipation is building for the company's investor day in late May 2025, where insights into longer-term strategy and financial goals are expected.
Here are the latest investment ratings and price targets for $Coherent (COHR.US)$ from 8 analysts:
Note:
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