From Yahoo Finance: 2025-05-26 14:19:00

Morgan Stanley analyst raised Coherent Corp.’s price target to $74 from $70, maintaining a Hold rating. The company plans to present a long-term growth plan at its investor day, aiming for over 40% gross margin and $6 in EPS by 2025-2028. While upside potential exists, achieving these goals may be challenging.

Coherent Corp. specializes in optical communications and data center solutions. Despite potential, some believe other AI stocks offer higher returns with less risk. An AI stock with 100x upside potential is recommended over COHR.

Maintaining a Hold rating, Morgan Stanley expressed concerns about Coherent Corp.’s ability to achieve over 40% gross margin due to tariffs and operational challenges. The company’s strategic plan and execution in certain business segments, like SiC and networking technologies, will be closely watched.



Read more at Yahoo Finance: Morgan Stanley Maintains Hold on Coherent (COHR), Lifts PT