Coherent Corp ( (COHR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Coherent Corp’s stock is on the rise, fueled by its involvement in the booming semiconductor sector and the deployment of artificial intelligence, which have led to increased price targets from Barclays and other analysts. Despite recent insider selling, analysts remain optimistic about the company’s potential, citing its strong innovations as a key factor in their confidence.
More about Coherent Corp
YTD Price Performance: 15.67%
Average Trading Volume: 4,038,959
Technical Sentiment Signal: Buy
Current Market Cap: $18.13B
For further insights into COHR stock on TipRanks’ Stock Analysis page.
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