Why Cohu Stock Raced Nearly 6% Higher Today
On Thursday, an analyst's rather bullish initiation of coverage on (NASDAQ: COHU) stock clearly resonated with the market. Investors took that pundit's advice to heart, pushing the semiconductor diagnostics company's shares to an almost 6% share price gain that trading session.
Just after Wednesday's market close, Baird's Quinn Fredrickson initiated his tracking of Cohu stock by pronouncing it an outperform (i.e., buy). He also set a price target of $65 per share for the highly specialized tech stock, anticipating nearly 18% upside to its current level.
Image source: Getty Images.
Source Fool.com
Cohu Inc. Aktie
48,73 €
7,61 %
Einseitige Zustimmung für Cohu Inc. mit mehreren Buy- und keiner Sell-Einschätzung.
Das Community-Kursziel von 59 € für Cohu Inc. deutet auf eine deutliche Steigerung um mehr als 20% gegenüber dem aktuellen Kurs von 48.73 € hin.
