Rosenblatt analyst Mike Genovese upgraded Coherent Corp COHR from Neutral to Buy and lowered the price target from $115 to$85 on Friday.Genovese is upbeat on sequential re-acceleration in AI transceivers by the second half of calendar 2025, driven by the Blackwell rollout and Coherent ZR transceiver demand for Data Center Interconnect (DCI) and telecom application that is very strong.The analyst is bullish on the transceiver market through 2030 and increasingly views co-packaged optics (CPO) as more of an ...