TD Cowen analyst Krish Sankar lowered the firm’s price target on Cohu (COHU) to $30 from $36 and keeps a Buy rating on the shares. The firm said margins and OpEx came in better than expected in the September 2024 Q due to labor and manufacturing cost controls while sales results for the quarter and December 2024 guide were in line with expectations.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter