JPMorgan keeps an Overweight rating on Coherent (COHR) after hosting investor meetings with management. Coherent described aggregate datacom pricing as healthy, with demand continuing to exceed supply alongside compressed adoption cycles, the analyst tells investors in a research note. The company’s timing for co-packaged optics remains on track, if not being pulled forward, with revenue ramp expectations reiterated for scale-out in the second half of 2026 and scale-up in the second half of 2027, adds JPMorgan. Shares of Coherent are up 12%, or $44.43, to $434.00.
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