Raymond James Upgrades Lumentum (LITE) to Strong Buy

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Raymond James Upgrades Coherent (COHR) to Strong Buy, Also Added to AFL

March 24, 2025 6:44 AM EDT

Raymond James analyst Simon Leopold upgraded Coherent (NYSE: COHR) from Outperform to Strong Buy with a price target of $91.00 (from $110.00).

The analyst comments "We upgrade Coherent and Lumentum to Strong Buy from Outperform following Nvidias GTC and Cornings analyst day meetings. We believe concerns over Co-Packaged... More