Cohu shares are trading higher Craigh-Hallum initiated coverage on the stock with a Buy rating and announced a price target of $30. Also, Needham raised its price target from $27 to $30.
Portfolio Pulse from Benzinga Newsdesk
Cohu shares are trading higher after receiving a Buy rating from Craig-Hallum, with a price target of $30. Needham also raised its price target for Cohu from $27 to $30.
November 01, 2024 | 7:56 pm
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Cohu shares are experiencing an upward trend due to positive analyst ratings. Craig-Hallum initiated coverage with a Buy rating and a $30 price target, while Needham increased its target from $27 to $30.
The initiation of coverage by Craig-Hallum with a Buy rating and a $30 price target, along with Needham's increased target, suggests strong analyst confidence in Cohu's future performance. This is likely to positively influence investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100