Analysts at Benchmark initiated coverage onCoherent, 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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