Coherent Eyes Core Growth Markets Following Defense Unit Sale

Coherent posts better-than-expected Q4 results and sells its defense unit to Advent for $400 million, aiming to focus on core markets and cut debt.

Latest Ratings for COHR

Date Firm Action From To
Oct 2021 Stifel Reinstates Hold
Sep 2021 Susquehanna Downgrades Positive Neutral
Feb 2021 Benchmark Downgrades Buy Hold

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