TD Cowen raised the firm’s price target on Kulicke & Soffa to $39 from $36 and keeps a Hold rating on the shares. The firm notes the company reported Q3 results and Q4 guidance in line with prior expectations. While growth in the September-quarter is a positive, TD Cowen thinks the expectation of similar levels in December, a seasonally weak quarter, and into the March-quarter are more encouraging as they indicate we are progressing through the cyclical bottom following 4 quarters of sales constriction.
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Read More on KLIC:
- Kulicke & Soffa price target raised to $40 from $37 at Needham
- Kulicke & Soffa Reports Mixed Q3 2025 Results
- Kulicke & Soffa: Navigating Mixed Signals with a Hold Rating Amid Cyclical Bottom and Competitive Pressures
- Kulicke & Soffa sees Q4 adjusted EPS 22c +/- 10%, consensus 19c
- Kulicke & Soffa reports Q3 adjusted EPS 7c, consensus 5c