Barclays analyst Tom O’Malley raised the firm’s price target on Coherent (COHR) to $170 from $135 and keeps an Overweight rating on the shares following the earnings report.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHR:
- Coherent Corp’s Strong Performance and Growth Potential in AI and Cloud Markets Drives Buy Rating
- Coherent Corp. Reports Strong Q1 Fiscal 2026 Results
- Closing Bell Movers: Qualcomm down 3%, Robinhood slips 2% on earnings
- Coherent reports Q1 adjusted EPS $1.16, consensus $1.04
- Coherent sees Q2 adjusted EPS $1.10-$1.30, consensus $1.12