Needham analyst Quinn Bolton reiterated a Buy rating on Cohu (NASDAQ:COHU) on Monday, setting a price target of $55, which is approximately 58.27% above the present share price of $34.75.
Bolton expects Cohu to post earnings per share (EPS) of $0.63 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Cohu, with an average price target of $59.
The analysts price targets range from a high of $70 to a low of $44.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $225.49 million and a net profit of $37.07 million. The company's market cap is $1.68 billion.
According to TipRanks.com, Needham analyst Quinn Bolton is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 45.6% and a 77.88% 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.