Coherent Corp. (NYSE:COHR) is highlighted as one of the AI Stocks Making Headlines This Week. Rosenblatt lowered the price target to $135 from $150 after Coherent’s fiscal Q4 report but maintained a Buy rating. The company is facing competitive pressure from Lumentum in laser chip, OCS, and CPO sales categories.

Despite competition, Rosenblatt expects Coherent to catch up in AI Optical categories by FY26 and FY27. Both Lumentum and Coherent are likely to perform well in the industry. Coherent is an American manufacturer of optical materials and semiconductors but other AI stocks may offer greater upside potential and less downside risk.

Financial analyst reviewing market data sees potential in Coherent but suggests other AI stocks may offer better investment opportunities. For those interested in undervalued AI stocks benefiting from tariffs and onshoring trends, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance.: Why Rosenblatt Still Likes Coherent (COHR) Despite Competitive Pressure