TD Cowen analyst Krish Sankar raised the firm’s price target on Cohu (COHU) to $60 from $35 and keeps a Buy rating on the shares. The firm said they reported a strong quarter and guide; the focus was on the HPC opportunity with +62% quarter over quarter systems order growth driven by a $30M Eclipse follow on, and the total HPC opportunity increased to $80-100M in CY26.
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