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July 31, 2014
07:59 EDTCOHRCoherent shares should be bought at current levels, says Stifel
After Coherent reported weaker than expected results, Stifel still believes the company has building operating momentum. As a result, the firm is constructive on the company's FY15 potential. It cut its price target to $78 from $84 but keeps a Buy rating.
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