Coherent Fell Hard Over 3 Months: It Will Nearly Double According to These Analysts

Coherent has given back roughly one-third of its value over the past three months, despite no deterioration in its operating story. Rather than downgrades, Wall Street is issuing price target upgrades, suggesting analysts see the recent drawdown as less about fundamental breakdowns than positioning/timing. Net impact is cautious—negative on performance momentum but supported by upgrade sentiment.