Coherent, Inc. to Present at the 19th Annual Needham Growth Conference

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Stifel Raises Price Target on Coherent, Inc. (COHR) to $170 as Shares Trade up

January 9, 2017 8:49 AM EST

Stifel reiterated a Buy rating on Coherent (NASDAQ: COHR), and raised the price target to $170.00 (from $145.00), as increased demand for excimer lasers drives order growth.

Analyst Patrick Newton commented, "Since we first discussed the forthcoming FPD Tsunami in January 2016, shares of Coherent have posted impressive results... More