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.
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Source Fool.com
Cohu Inc. Stock
€49.59
-2.190%
Cohu Inc. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
As a result the target price of 59 € shows a slightly positive potential of 18.98% compared to the current price of 49.59 € for Cohu Inc..
