There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cohu (COHU) and Squarespace, Inc. Class A (SQSP) with bullish sentiments.
Cohu (COHU)
Needham analyst Quinn Bolton maintained a Buy rating on Cohu on April 21 and set a price target of $55.00. The company’s shares closed last Monday at $36.67.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of 46.1% and a 78.2% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Ultra Clean Holdings, and Axcelis Technologies.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cohu with a $60.00 average price target, which is a 65.1% upside from current levels. In a report issued on April 14, Cowen & Co. also maintained a Buy rating on the stock with a $59.00 price target.
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