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.
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Cohu price target lowered to $30 from $36 at TD Cowen
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