Citigroup Downgrades Cohu to Neutral, Maintains Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik has downgraded Cohu (NASDAQ:COHU) from Buy to Neutral while maintaining the price target at $36.

July 15, 2024 | 12:21 pm
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Citigroup analyst Atif Malik downgraded Cohu from Buy to Neutral, maintaining the price target at $36.
The downgrade from Buy to Neutral by a major financial institution like Citigroup is likely to have a negative short-term impact on Cohu's stock price. Maintaining the price target at $36 suggests that Citigroup does not see significant upside potential in the near term.
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IMPORTANCE 80
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