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Market Impact: 0.2

BofA Hikes Coherent Price Target to $400 on $1.7 Trillion AI Data Center Forecast

BACCOHR
Analyst EstimatesAnalyst InsightsCompany FundamentalsTechnology & Innovation

Bank of America raised its price target on Coherent to $400 from $365, a 9.6% increase, while keeping a Neutral rating. The note signals improved expectations for the stock but does not represent a full bullish call. Overall impact is modest and primarily relevant to Coherent shares rather than the broader market.

Analysis

Bank of America raised its price target on Coherent to $400 from $365, a 9.6% increase, while keeping a Neutral rating. The note signals improved expectations for the stock but does not represent a full bullish call. Overall impact is modest and primarily relevant to Coherent shares rather than the broader market.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

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COHR0.20