Key Stats for Coherent Stock

• Price change for Coherent stock: 8%
• $COHR Share Price as of Mar. 10: $308
• 52-Week High: $311
• $COHR Stock Price Target: $288

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

Coherent (COHR) stock surged 8% on Friday. The price surge began after Nvidia announced a $2 billion investment in the company on Mar 2, followed by bullish reports from analysts this week.

JP Morgan raised the price target from $245.00 to $300.00 and maintained an “Overweight” rating on the stock.

• NVIDIA is partnering with Coherent to develop next-generation silicon photonics for AI infrastructure.
• The deal also…