Analysts at Sidoti & Co. initiated coverage onCoherent, Inc.COHR
with a Buy rating. The target price for Coherent is set to $80. Coherent shares have gained 4.12 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. Coherent shares closed at $65.24 on Friday.
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