Cohu Stock Rating Lowered by Zacks (COHU)
Cohu (NASDAQ:COHU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday. They currently have a $12.10 target price on the stock. Zacks‘s price objective points to a potential upside of 12.45% from the stock’s previous close.
Separately, analysts at B. Riley initiated coverage on shares of Cohu in a research note on Wednesday, May 14th. They set a “buy” rating and a $14.00 price target on the stock.
Shares of Cohu (NASDAQ:COHU) traded up 0.56% on Tuesday, hitting $10.76. 118,716 shares of the company’s stock traded hands. Cohu has a one year low of $9.01 and a one year high of $13.40. The stock has a 50-day moving average of $10.68 and a 200-day moving average of $10.39. The company’s market cap is $271.7 million.
Cohu (NASDAQ:COHU) last released its earnings data on Wednesday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.07. On average, analysts predict that Cohu will post $0.62 earnings per share for the current fiscal year.
Cohu, Inc is a supplier of test handling, burn-in and thermal solutions used by the global semiconductor industry, microwave communications and closed-circuit television equipment.
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