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Stock Market & Financial Investment News

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January 7, 2013
07:43 EDTCOHRCoherent price target raised to $62 from $56 at Stifel Nicolaus
Stifel Nicolaus increased its target on Coherent as the firm expects the commercial laser industry to post a 10% revenue CAGR through 2016, along with improving margins. The firm thinks that Coherent's valuation is attractive and it maintains a Buy rating.
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