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Photonex+Vacuum Technologies
Value bet?
Coherent's stock price dropped sharply in early trading following the company's Q2 results. But with long-term prospects looking healthy and a likely rebound in the semiconductor market later this year, Longbow Research thinks that now is a good time to take advantage. It has set a price target of $70 for Coherent - a level not seen for more than a decade. Source: Yahoo! Finance.
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