Craig-Hallum Upgrades Kulicke & Soffa Indus to Buy, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab upgraded Kulicke & Soffa Industries (KLIC) from Hold to Buy and set a price target of $60.
November 17, 2023 | 6:21 pm
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POSITIVE IMPACT
Kulicke & Soffa Industries was upgraded by Craig-Hallum from Hold to Buy with a new price target of $60.
Upgrades by analysts typically lead to a positive short term reaction in the stock price as it reflects a positive change in the company's outlook. The new price target of $60 suggests a significant upside from the current trading level, which can attract investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100