On Nov 01, major Wall Street analysts update their ratings for $Cohu Inc (COHU.US)$, with price targets ranging from $30 to $40.
TD Cowen analyst Krish Sankar maintains with a buy rating, and adjusts the target price from $36 to $30.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $33 to $30.
Stifel analyst Brian Chin maintains with a buy rating, and maintains the target price at $40.
Craig-Hallum analyst Christian Schwab upgrades to a buy rating, and sets the target price at $30.
Furthermore, according to the comprehensive report, the opinions of $Cohu Inc (COHU.US)$'s main analysts recently are as follows:
The firm mentioned that due to effective labor and manufacturing cost controls, margins and operational expenditures surpassed expectations for the September 2024 quarter. Moreover, sales results for that quarter along with the projections for December 2024 aligned with anticipations.
Following Cohu's Q3 results that were consistent with expectations and subsequent guidance, there is a perception that the company may have stabilized as there was no need to adjust the next quarter's revenue estimate post-earnings for the first time. Management notes that all segments experienced a sequential uptick in bookings.
Here are the latest investment ratings and price targets for $Cohu Inc (COHU.US)$ from 4 analysts:
Note:
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