On Nov 02, major Wall Street analysts update their ratings for $Cohu Inc (COHU.US)$, with price targets ranging from $23 to $40.
Goldman Sachs analyst Toshiya Hari maintains with a sell rating, and adjusts the target price from $26 to $23.
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 analyst observed that despite the in-line sales results for the quarter and the guidance for December 2024, the company managed to report better than expected margins and operating expenses. This performance was attributed to effective controls over labor and manufacturing costs.
Following Cohu's Q3 results and guidance which aligned with expectations, there's an indication that the company may have reached a turning point. This quarter was notable as it was the first instance where subsequent quarter revenue estimates did not require adjustment post-earnings, signaling potential stabilization. Management noted sequential growth in bookings across all segments, highlighting a more positive outlook.
Here are the latest investment ratings and price targets for $Cohu Inc (COHU.US)$ from 5 analysts:
Note:
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