Coherent Appoints Jim Anderson as Chief Executive Officer

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JPMorgan Reiterates Overweight Rating on Coherent (COHR)

June 3, 2024 10:27 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $70.00 price target on Coherent (NYSE: COHR)

The analyst comments "Coherent made the much anticipated announcement around Dr. Chuck Matteras successor as it named Jim Anderson (age 51) as the fourth CEO of the company since its founding in 1971... More