Coherent, Inc. Reports First Fiscal Quarter Results

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Go back to Coherent, Inc. Reports First Fiscal Quarter Results

Coherent (COHR) PT Lowered to $310 at Stifel; Buy Pullback

February 8, 2018 7:34 AM EST

Stifel lowered its price target on Coherent (NASDAQ: COHR) to $310.00 (from $330.00) while maintaining a Buy rating.

Analyst Patrick Newton commented, "Coherent reported F1Q18 (December) results with revenue and pro forma EPS of $477.6 million/$3.54, respectively. March quarter revenue guidance range of $470-$490 million... More

Coherent (COHR) PT Lowered to $295 at Needham & Company Following 1Q

February 8, 2018 7:05 AM EST

Needham & Company lowered its price target on Coherent (NASDAQ: COHR) to $295.00 (from $330.00) while maintaining a Buy rating following the company's 1Q earnings report. Revenues increased 38% y/o/y to $477.6M, at the upper end of guidance of $460-480M and above consensus $474M.... More

Coherent (COHR) PT Lowered to $310 at Susquehanna

February 8, 2018 6:57 AM EST

Susquehanna lowered its price target on Coherent (NASDAQ: COHR) to $310.00 (from $355.00) while maintaining a Positive rating following the company's 1Q earnings report. COHR's earnings conference call appeared at times a debate on smartphone OEMs' ASP strategy, analyst Mehdi Hosseini remains constructive on industry... More