Needham analyst Quinn Bolton maintained a Buy rating on Cohu (NASDAQ:COHU) Inc on Friday, setting a price target of $50, which is approximately 11.51% above the present share price of $44.84.
Bolton expects Cohu Inc to post earnings per share (EPS) of -$0.16 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Cohu, with an average price target of $47.43.
The analysts price targets range from a high of $60 to a low of $40.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $150.65 million and a net profit of $1.88 million. The company's market cap is $1.88 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 46.4% and a 80.14% 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.