BofA Raises Price Target on Coherent to $400
Bank of America raised its price target for Coherent (COHR) from $365 to $400 while maintaining a Neutral rating. The firm also increased the estimated total addressable market for AI data center systems by 21% to approximately $1.7 trillion, citing continued acceleration in AI-related sales and potential improvements in token economics in 2027.
Tickers: $COHR
Topics: AI infrastructure analyst upgrade BofA Coherent price target