Coherent, Inc. (NASDAQ:COHR) gets downgraded to Neutral by Longbow Research

Analyst Ratings For Coherent, Inc. (NASDAQ:COHR)

Today, Coherent, Inc. (NASDAQ:COHR) stock was downgraded by Longbow Research from Buy to Neutral.

There are 4 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Coherent, Inc. (NASDAQ:COHR) is Buy with a consensus target price of $211.6667 per share, a potential 37.88% upside.

Some recent analyst ratings include

  • 10/9/2018-Coherent, Inc. (NASDAQ:COHR) gets downgraded to Neutral by Longbow Research
  • 10/8/2018-Coherent, Inc. (NASDAQ:COHR) gets downgraded to Hold by Northcoast Research
  • 9/13/2018-Coherent, Inc. (NASDAQ:COHR) had its Buy rating reiterated by Benchmark with a $216.00 price target
  • 9/23/2017-Coherent, Inc. (NASDAQ:COHR) had its Buy rating reiterated by Summit Redstone with a $320.00 price target

Recent Insider Trading Activity For Coherent, Inc. (NASDAQ:COHR)
Coherent, Inc. (NASDAQ:COHR) has insider ownership of 0.97% and institutional ownership of 98.58%.

  • On 8/14/2018 Mark Stewart Sobey, EVP, sold 13,000 with an average share price of $181.86 per share and the total transaction amounting to $2,364,180.00.
  • On 2/12/2018 Stephen A Skaggs, Director, sold 500 with an average share price of $212.27 per share and the total transaction amounting to $106,135.00.
  • On 1/4/2018 Paul F Sechrist, EVP, sold 1,372 with an average share price of $300.00 per share and the total transaction amounting to $411,600.00.
  • On 12/1/2017 Paul F Sechrist, EVP, sold 1,002 with an average share price of $288.88 per share and the total transaction amounting to $289,457.76.
  • On 11/16/2017 Jay T Flatley, Director, sold 5,500 with an average share price of $305.80 per share and the total transaction amounting to $1,681,900.00.
  • On 11/14/2017 Bret Dimarco, VP, sold 1,195 with an average share price of $301.89 per share and the total transaction amounting to $360,758.55.
  • On 11/13/2017 Stephen A Skaggs, Director, sold 500 with an average share price of $308.97 per share and the total transaction amounting to $154,485.00.

About Coherent, Inc. (NASDAQ:COHR)
Coherent, Inc. provides lasers and laser-based technology in a range of scientific, commercial, and industrial applications worldwide. It operates through two segments, Specialty Lasers and Systems, and Commercial Lasers and Components. The company designs, manufactures, services, and markets lasers, laser tools, precision optics, and related accessories. Its products are used in markets, such as microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent Inc. was founded in 1966 and is headquartered in Santa Clara, California.

Recent Trading Activity for Coherent, Inc. (NASDAQ:COHR)
Shares of Coherent, Inc. closed the previous trading session at 153,52 −4,18 2,65 % with shares trading hands.

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