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Fly News Breaks for November 3, 2016
COHR
Nov 3, 2016 | 09:59 EDT
Needham analyst James Ricchiuti raised his price target for Coherent to $130 from $115 after the company posted stronger than expected Q4 results, registered solid bookings and provided much stronger revenue guidance for Q1. The analyst reiterates a Buy rating on the shares.
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