Coherent (COHR) PT Lowered to $230 at Susquehanna

Susquehanna analyst Mehdi Hosseini lowered the price target on Coherent (NASDAQ: COHR) to $230.00 (from $250.00) while maintaining a Positive rating.

Hosseini is reducing estimates and price target to account for weak Fiber Laser demand as well as mixed execution on scaling Rofin assets.

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