Coherent, Inc. Reports Fourth Fiscal Quarter and Year-End Results
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Coherent (COHR) PT Raised to $355 at Susquehanna
November 8, 2017 6:56 AM ESTSusquehanna raised its price target on Coherent (NASDAQ: COHR) to $355.00 (from $275.00) while maintaining a Positive rating following Q4 results.
Analsyt Mehdi Hosseini notes the PT hike reflect strong report, backlog and momentum COHR is seeing, especially as order/backlog mix is diversifying to include non-Korean customers.
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