Why Cohu Stock Raced Nearly 6% Higher Today
On Thursday, an analyst's rather bullish initiation of coverage on (NASDAQ: COHU) stock clearly resonated with the market. Investors took that pundit's advice to heart, pushing the semiconductor diagnostics company's shares to an almost 6% share price gain that trading session.
Just after Wednesday's market close, Baird's Quinn Fredrickson initiated his tracking of Cohu stock by pronouncing it an outperform (i.e., buy). He also set a price target of $65 per share for the highly specialized tech stock, anticipating nearly 18% upside to its current level.
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Source Fool.com
Cohu Inc. Stock
€47.02
-3.750%
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Cohu Inc..
With a target price of 53 € there is a slightly positive potential of 12.72% for Cohu Inc. compared to the current price of 47.02 €.
