Zacks Investment Research downgraded shares of COHERENT INC (COHR) from NEUTRAL to UNDERPERFORM on September 27, 2012, with a target price of $44.60.
COHERENT INC. designs, manufactures, and supplies electro-optical systems and medical instruments utilizing laser, precision optic and microelectronic technologies. Company integrates these technologies into a wide variety of products and systems designed to meet the productivity and performance needs of customers. Major markets include the scientific research community medical institutions, clinics and private practices lasers also support commercial applications, ranging from semiconductors and disk mastering to light shows and entertainment.
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