Coherent, Inc. (COHR) Tops Q1 EPS by 10c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. COF
6. SMCI
7. GOOGL
8. RTX
9. TSLA
10. BRZE

Go back to Coherent, Inc. (COHR) Tops Q1 EPS by 10c

Needham & Company Raises Price Target Following Coherent's (COHR) Record 1Q Bookings

January 29, 2016 8:18 AM EST

Needham & 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