Morgan Stanley consistent (cohr), the elevators are stored in PT

Morgan Stanley analyst Morgan on May 23 raised the price target in the Corent Corp. (NYSE:Cohr) From $ 70 to $ 74, but repeated his careful position with its reserve rating.

The company is expected to be held on May 28, where the Marshall expects this to present a long-term growth plan. More than 40% of this strategic plan is expected to be included in the total margin, more than 6 EPS, from 2025 to 2028 a roadmap to get the contour of income from 2028.

Although the investor has a convenient worldview catalyze the stock price, Marshall, shares have already rated in the last month.

Its cautious image believes that another reason for a total of 40% is that it will be an awesome task for the company. This is due to the lack of a goal in the effects of tariffs and in its eyes, which will take more time to improve it. He also concerned about the problems of implementation in certain areas as SIC work, network technologies and vertical integration of Datacom work. Therefore, he maintained him.

COMFERENT CORP. (NYSE: CHR) specializes in the field of development and production of industrial, communications, electronics and devices, including engineering materials, network products, network products, optoelectronic components and various industries. The company maintains a strong support for information centers, especially in the optical communication market, especially Datacom optical transmissions.

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Disclosure: No.