Raymond James raises Coherent Corp.'s stock price target to $96, maintains Strong Buy rating.

From Yahoo Finance: 2025-05-28 21:13:00

Raymond James analyst Simon Leopold raised Coherent Corp. (COHR)’s stock price target to $96 from $91, maintaining a Strong Buy rating after the company’s Analyst and Investor Day exceeded growth expectations. Coherent Corp. aims for a gross margin over 42% and an operating margin above 24%, projecting an EPS of $8-9 by 2028. The company reported impressive Q3 fiscal 2025 results, with revenue up 24% to $1.5 billion and earnings per share at $0.91. Raymond James adjusted the stock’s target price to reflect growth in the industrial laser sector. For more promising AI stocks, visit our report.



Read more at Yahoo Finance: Raymond James Lifts Coherent Corp. (COHR)’s Stock Price Target to $96, Maintains Strong Buy Rating