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Coherent Corp (COHR) receives a Buy rating from Needham

Coherent Corp’s recent filing unveils that its Board Member HOWARD H XIA acquired Company’s shares for reported $72685.0 on May 09 ’25. In the deal valued at $72.69 per share,1,000 shares were bought.

Then, Koeppen Christopher sold 2,916 shares, generating $317,377 in total proceeds. Upon selling the shares at $108.84, the Chief Innovation Officer now owns 55,338 shares.

Before that, Koeppen Christopher sold 2,248 shares. Coherent Corp shares valued at $236,051 were divested by the Chief Innovation Officer at a price of $105.00 per share. As a result of the transaction, Koeppen Christopher now holds 58,254 shares, worth roughly $4.11 million.

Needham reiterated its Coherent Corp [COHR] rating to a Buy in a research note published on April 28, 2025; the price target was $85. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in early April from “a Market perform” to “an Outperform”. Rosenblatt also remained covering COHR and has increased its forecast on April 04, 2025 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on March 24, 2025. It rated COHR as “a Strong buy” which previously was an “an Outperform”.

Price Performance Review of COHR

On Friday, Coherent Corp [NYSE:COHR] saw its stock fall -0.03% to $70.57. Over the last five days, the stock has lost -1.49%. Coherent Corp shares have fallen nearly -25.50% since the year began. Nevertheless, the stocks have risen 27.61% over the past one year. While a 52-week high of $113.60 was reached on 01/22/25, a 52-week low of $45.58 was recorded on 04/04/25. SMA at 50 days reached $64.38, while 200 days put it at $83.34.

Levels Of Support And Resistance For COHR Stock

The 24-hour chart illustrates a support level at 69.20, which if violated will result in even more drops to 67.83. On the upside, there is a resistance level at 72.61. A further resistance level may holdings at 74.65. The Relative Strength Index (RSI) on the 14-day chart is 59.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.35%. Stochastics %K at 86.72% indicates the stock is a selling.

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