Coherent, Inc. (COHR) Tops Q4 EPS by 26c

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Coherent (COHR) PT Lowered to $162 at Barclays

November 7, 2018 7:57 AM EST

Barclays analyst Joseph Wolf lowered the price target on Coherent (NASDAQ: COHR) to $162.00 (from $170.00) while maintaining a Overweight rating.

Following COHRs pre-announcement on October 22 there were few surprises in F4Q18 relative to Barclays' downward-revised estimates, apart from incremental detail on the previously disclosed execution issues.

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