B. Riley Securities Maintains Buy on Cohu, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis maintains a Buy rating on Cohu (NASDAQ:COHU) but lowers the price target from $45 to $40.

May 03, 2024 | 5:14 pm
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B. Riley Securities maintains a Buy rating on Cohu but lowers the price target from $45 to $40.
The adjustment in price target by B. Riley Securities reflects a recalibration of expectations for Cohu, potentially due to market conditions or company performance. While the Buy rating indicates continued confidence in the company's prospects, the lowered price target suggests a tempered outlook on its valuation. This could lead to short-term price adjustments as investors recalibrate their expectations based on this new analyst target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100