B. Riley lowered the firm’s price target on Cohu (COHU) to $30 from $34 and keeps a Buy rating on the shares. The company’s Q4 report was slightly below consensus and the Q1 guidance further below but “less bad than feared,” hurt by known end demand and related downstream test utilization weakness, the analyst tells investors in a research note. The firm believes Cohu’s new customer, product, and other company execution signs can help lift sales sequentially through the year, pointing the way to further 2026 gains.
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