Coherent, Inc. Reports First Fiscal Quarter Results Including Record Bookings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Needham & Company Raises Price Target Following Coherent's (COHR) Record 1Q Bookings
January 29, 2016 8:18 AM ESTNeedham & Company reiterated a Buy rating on Coherent (NASDAQ: COHR), and raised the price target to $85.00 (from $68.00), following the company's 1Q earnings report. Stronger margins resulted in non-GAAP EPS coming in at $0.99, solidly above Street expectations of $0.89. COHRs microelectronics business, which includes its Linebeam equipment for the display market, posted bookings of $187M, up 162% y/o/y and 94%... More
