Coherent, Inc. (COHR) Tops Q1 EPS by 2c

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Needham & Company Downgrades Coherent (COHR) to Hold

January 30, 2019 7:25 AM EST

Needham & Company analyst James Ricchiuti downgraded Coherent (NASDAQ: COHR) from Buy to Hold.

The analyst commented, "COHR after the close reported FQ1 results that met expectations but provided a much weaker FQ2 outlook. Management also withdrew its F19 guidance. We... More