Jefferies started coverage on Coherent Inc (NYSE:COHR) with a “buy” rating, giving stock a target price of $135, citing optimism around new chief executive Jim Anderson’s restructuring strategy in its

Coherent (NYSE:COHR) was in focus on Wednesday as Jefferies started coverage on the semiconductor company with a Buy rating, citing an "attractive valuation." Shares rose 3.3% in premarket trading. "We think the Street still underestimates the amount of EPS power they can generate as new CEO Jim Anderson’s streamlining/restructuring plan gets

Fintel reports that on December 4, 2024, Jefferies initiated coverage of Coherent (NYSE:COHR) with a Buy recommendation. Analyst Price Forecast Suggests 4.83% Upside As of December 3, 2024, the average one-year price target for Coherent is $111.