Rosenblatt Securities analyst Kevin Garrigan maintained a Buy rating on Cohu (NASDAQ:COHU) on Wednesday, setting a price target of $45, which is approximately 30.47% above the present share price of $34.49.
Garrigan expects Cohu to post earnings per share (EPS) of $0.49 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Cohu, with an average price target of $42.75.
The analysts price targets range from a high of $50 to a low of $34.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $225.06 million and a net profit of $33.66 million. The company's market cap is $1.68 billion.
According to TipRanks.com, Rosenblatt Securities analyst Kevin Garrigan is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.7% and a 75.00% success rate.
Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It operates through the Semiconductor Test and Inspection, and Printed Circuit Board Test. The company was founded in 1947 and is headquartered in Poway, CA.