Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (94067)	3/24/2025 10:24:31 AM
From: Return to Sender	1 Recommendation Recommended By Julius Wong Read Replies (1) \| Respond to of 95443

Coherent upgraded to Strong Buy from Outperform at Raymond James TheFlyMar 24, 2025, 03:10 AM Raymond James upgraded Coherent ( COHR) to Strong Buy from Outperform with a price target of $91, down from $110, following Nvidia’s GTC keynote address and Corning’s analyst day meetings. Concerns over co-packaged optics are overblown, which has pressured the stock, and Raymond James’ datacom optical model indicates strong 800G demand, the analyst tells investors in a research note. The firm’s new model forecasts $22.2B in artificial intelligence backend transceiver sales by 2030, representing a 30% annual growth versus 2024. With Coherent and Lumentum stocks under pressure into the fiber optic communications trade show this year, greater clarity on co-packaged optics and the market opportunity overall could provide a positive catalyst, contends Raymond James. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>