Stifel lowered the firm’s price target on Cohu (COHU) to $28 from $35 and keeps a Buy rating on the shares. While visibility into the backhalf is limited, Cohu is seeing some early, encouraging signs to suggest gradual improvement in the mobile phone and auto/industrial end markets, says the analyst, who cites contraction in tech market multiples for the firm’s lowered price target
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Read More on COHU:
- Cohu, Inc. Reports Q1 2025 Financial Results
- Cohu’s Growth Potential and Strategic Initiatives Drive Buy Rating Amid Market Challenges
- Cohu reports Q1 adjusted EPS (2c), consensus (17c)
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