Coherent (COHR) stock heads into Monday after 9% jump on Texas chip grant and analyst target hikes
New York, Feb 7, 2026, 20:02 EST — Market closed. Coherent Corp (NYSE:COHR) shares jumped 8.8% on Friday to close at $227.68, extending a rebound after an earnings-week slide as investors weighed a Texas semiconductor grant and fresh analyst target hikes. (Yahoo Finance) U.S. markets are closed for the weekend, but the stock goes into Monday with a new state-backed manufacturing headline and a clearer set of numbers to trade off. It is also a name that tends to move fast when sentiment shifts. Why it matters now: Coherent sits in the supply chain for data-center networking gear, where customers