|Day Low/High||189.03 / 195.19|
|52 Wk Low/High||77.77 / 200.53|
Jim Cramer's bullish on Coherent, and Impinj; he's bearish on BP, Amerisourcebergen.
In recent trading, shares of Coherent Inc have crossed above the average analyst 12-month target price of $138.33, changing hands for $138.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Apple suppliers have reportedly been asked to make thinner organic light displays, which could be a big hint about what the next iPhone will look like.
A new report indicates Apple's 2017 iPhones will have larger displays than this year's models. This, along with other rumored improvements, could make fiscal 2018 estimates look conservative.
The chip equipment giant's guidance is helping peers and others rally.
These five technical setups are showing solid upside potential right now. Here's how to trade them from here.
Trade-Ideas LLC identified Coherent (COHR) as a weak on high relative volume candidate
Trade-Ideas LLC identified Coherent (COHR) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate
Creates Stronger, More Diversified Business with Accelerated Innovation and Enhanced Scale
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