Dave Kang argues Wall Street and investment firms failed to ...

Moomoo AI Oct 11, 2023 10:28

Dave Kang argues Wall Street and investment firms failed to grasp Coherent's SiC business potential. It's now viewed worth 7x revenue, up from 2x. Also, second-gen 800G transceivers could provide a major boost in 2-3 years. Despite a minor 2024 earnings estimate dip, Wall Street holds a sturdy 'Buy' stance for Coherent.

Coherent Rallies After Investment, B Riley Upgrade

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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