Characterization
Coherent’s Characterization Of Cutting Market In China As “Growth Opportunity”: Analyst Digs In – Coherent (NYSE:COHR) – Beragampengetahuan
Needham analyst Jim Ricchiuti reiterated a Buy rating on Coherent Corp. COHR, raising the price target to $52 from $46. Industrial, the broadest of COHR’s market verticals (38% of FQ1’24 revenue), is experiencing some of the biggest macro headwinds but is expected to show improvement over the course of CY24, the analyst writes. Over the near to intermediate term, […]