Craig-Hallum Maintains Buy on Kulicke & Soffa Indus, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a Buy rating on Kulicke & Soffa Industries (NASDAQ:KLIC) but lowers the price target from $55 to $50.

August 08, 2024 | 4:03 pm
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Craig-Hallum analyst Christian Schwab maintains a Buy rating on Kulicke & Soffa Industries (NASDAQ:KLIC) but lowers the price target from $55 to $50.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100