Coherent, Inc. (COHR) Misses Q3 EPS by 9c

Go back to Coherent, Inc. (COHR) Misses Q3 EPS by 9c

Coherent (COHR) PT Raised to $270 at Needham & Company; 'FQ3 Modestly Below Street, FQ4 Outlook In Line'

August 2, 2017 7:59 AM EDT

Needham & Company raised its price target on Coherent (NASDAQ: COHR) to $270.00 (from $265.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst James Ricchiuti notes the company delivered third quarter earnings per share and revenue results below consensus projections, 1% and 3%, respectively,... More