Coherent Corp. (NYSE:COHR) stock price target raised to $105 by Northland with an Outperform rating after better than expected fiscal Q4 results. Trading at a 35% discount to peers Lumentum and Fabrinet, analysts see potential for growth and plan to take advantage of any market weakness.

Coherent Corp. (COHR) is an American manufacturer of optical materials and semiconductors. While COHR offers investment potential, analysts suggest other AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore a free report on the best short-term AI stock.

Financial analysts analyze US fixed income markets, highlighting COHR as a potential investment. For those interested in AI stocks, check out 10 AI Stocks In The Spotlight For Investors and 10 AI Stocks Making Headlines This Week. Disclosure: None.

Read more at Yahoo Finance: Coherent (COHR) Stock Gets $105 PT and Maintains Outperform Rating