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Coherent price target raised to $190 from $180 at Morgan Stanley
Yahoo Finance· 2026-01-31 21:15
Morgan Stanley analyst Meta Marshall raised the firm’s price target on Coherent (COHR) to $190 from $180 and keeps an Equal Weight rating on the shares. Coherent has outperformed Lumentum (LITE) year-to-date, largely as performance catches up a little, but given expectations are lower, the firm is “more positively inclined on COHR vs. LITE into the print,” the analyst tells investors in an earnings preview. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ne ...