Coherent (COHR) PT Lowered to $45 at Deutsche Bank

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Coherent (COHR) sell-off 'overdone' says Rosenblatt

August 17, 2023 12:02 PM EDT

Coherent, Inc. (NASDAQ: COHR) was lifted to Buy from Neutral with a $45 per share price target at Rosenblatt on Thursday.

Analyst Mike Genovese told investors in a note that the selling following the company's conservative FY24 guidance is overdone.

"We are... More