Analysts at Benchmark initiated coverage on
Coherent, Inc.COHR with a Buy rating.
The target price for Coherent is set to $75.
Coherent shares have gained 6.91 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period.
Coherent shares rose 0.88 percent to close at $62.79 yesterday.
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