Craig-Hallum Downgrades Kulicke & Soffa Indus to Hold, Announces $55 Price Target
Portfolio Pulse from richadhand@benzinga.com
Craig-Hallum analyst Christian Schwab has downgraded Kulicke & Soffa Indus (NASDAQ:KLIC) from Buy to Hold and set a price target of $55.
August 10, 2023 | 12:22 pm
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Kulicke & Soffa Indus has been downgraded from Buy to Hold by Craig-Hallum, with a price target of $55.
The downgrade from Buy to Hold by Craig-Hallum indicates a less optimistic outlook for the company's stock in the short term. This could potentially lead to a decrease in the stock's price. The price target of $55 provides a benchmark for investors, which could also influence the stock's price movement.
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