B Riley Downgrades Coherent To Neutral

Analysts at B Riley downgraded

from Buy to Neutral. The price target for Coherent has been raised from $66.50 to $71.50. Coherent shares have gained 8.35 percent over the past 52 weeks, while the S&P 500 index has surged 12.28 percent in the same period. Coherent shares declined 0.60 percent to close at $64.75 yesterday.