Coherent, Inc. (COHR) Tops Q1 EPS by 9c

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Coherent (COHR) PT Lowered to $195 at Susquehanna

February 6, 2020 6:49 AM EST

Susquehanna analyst Mehdi Hosseini lowered the price target on Coherent (NASDAQ: COHR) to $195.00 (from $200.00) while maintaining a Positive rating.

The analyst commented, "We are updating estimates, while reducing PT to $195 (from prior $200). Our 12/16 upgrade (link) was based on improving OLED backlog, which is... More