Here are the reasons for top movers today
Tuesday, Feb 6, 2024 5:51 pm ET
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Coherent Corp. (COHR) stock rose over the past few days due to the company reporting better-than-expected earnings for Q2 of fiscal 2024 with revenue and EPS beating estimates. COHR also raised its full-year guidance. Stifel analyst Ruben Roy maintained a 'Buy' rating on COHR and raised the price target from $50 to $58 citing the strong results.