Evercore ISI initiated coverage of Cohu (COHU) with an Outperform rating and $35 price target The firm sees support from three drivers -a cyclical recovery in auto-industrial markets in 2026 and 2027; the company expanding into AI/compute applications; and the “meaningful cushion” due to recurring revenue.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COHU: