Morgan Stanley kept its rating for Coherent at Equal-Weight and cut the price target from $375 to $325.

COHR · Coherent Corp.

The AI's read

This is an analyst's view, not a report of changed sales, costs, or products. The lower target points to a smaller estimate, but the rating stayed the same and the new target remains above the cited closing price. Together, those details do not show a clear change in Coherent's business outlook.