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Snap-on Expects To Make Ongoing Progress Along Its Defined Runways For Coherent Growth In 2024
In pursuit of these initiatives, SNA project that capital expenditures in 2024 will be in the range of $100 million to $110 million, of which $45.0 million was incurred in the first six months of
Shares of Companies Within the Broader Technology Sector Are Trading Lower Amid a Selloff in Chips and AI-related Stocks.
Shares of Companies Within the Broader Technology Sector Are Trading Lower Amid a Selloff in Chips and AI-related Stocks.
SIG Maintains Coherent(COHR.US) With Hold Rating, Raises Target Price to $90
SIG analyst Christopher Rolland maintains $Coherent(COHR.US)$ with a hold rating, and adjusts the target price from $55 to $90.According to TipRanks data, the analyst has a success rate of 70.4% and
As AI giants such as nvidia plummet, the "AI laggards" have become the new darlings of Wall Street.
AI leaders such as Nvidia seem to be losing their shine, and "AI laggards" are favored by investors. Melius said that "AI laggards" like AMD, Intel and IBM may see a surge in trade.
Susquehanna Maintains Neutral on Coherent, Raises Price Target to $90
Susquehanna analyst Mehdi Hosseini maintains Coherent (NYSE:COHR) with a Neutral and raises the price target from $55 to $90.
Coherent Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/17/2024 14.94% Susquehanna $55 → $90 Maintains Neutral 06/03/2024 -8.05% Needham $72 → $72 Reiterates