Deutsche Bank Sets $400 Price Target for Coherent
Barchart flags Deutsche Bank target while shares trade below 200-day average.
TLDR
Barchart shared details from a Deutsche Bank report on Coherent. The post states that the bank set a $400 price target for the stock. It also notes the shares fell below the 200-day moving average, though the last instance saw only three days below that benchmark. Barchart asks if this signals bullish conditions for Coherent. The tweet further suggests the Tradr 2X Long COHR Daily ETF as an option for magnified exposure to the name. The account describes itself as covering financial markets, trading tools, charting, stocks, options, futures, commodities, forex, and news.
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