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Stifel Nicolaus Sticks to Their Buy Rating for Coherent Corp (COHR)

TipRanks
May. 8, 2025, 06:37 AM

Stifel Nicolaus analyst Ruben Roy reiterated a Buy rating on Coherent Corp (COHRResearch Report) today and set a price target of $100.00.

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According to TipRanks, Roy is a 5-star analyst with an average return of 14.9% and a 61.82% success rate. Roy covers the Technology sector, focusing on stocks such as Intel, Ciena, and Nvidia.

In addition to Stifel Nicolaus, Coherent Corp also received a Buy from Needham’s Ryan Koontz in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Coherent Corp (NYSE: COHR).

Based on Coherent Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.44 billion and a net profit of $103.39 million. In comparison, last year the company earned a revenue of $1.13 billion and had a GAAP net loss of $26.99 million

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