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Wajeeh Khan

This Analyst Just Raised the Price Target on Coherent Stock by 50%. What to Know.

Coherent Ruben Roy AI COHR Stifel United States

Coherent (COHR) shares closed meaningfully higher on May 11 after Stifel’s senior analyst Ruben Roy issued a constructive note in favor of the optical networking specialist. 

Roy maintained a “Buy” rating on COHR this morning and raised his price target sharply to $412, indicating potential upside of another 8% from current levels. 

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