Sidoti Downgrades Coherent (COHR) to Neutral

June 29, 2009 3:51 PM EDT

Sidoti & Co. downgraded Coherent (Nasdaq: COHR) from Buy to Neutral earlier. Traders seem to be responding to the downgrade today: shares of Coherent are currently down 1.9% to $20.62.

To see all the analyst action on shares of Coherent, visit our Analyst Ratings page.

Coherent, Inc. provides photonics-based solutions for commercial and scientific research applications worldwide. It engages in the design, manufacture, and marketing of lasers, precision optics, and related accessories.


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