There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cohu (COHU) and Liveperson (LPSN) with bullish sentiments.
Cohu (COHU)
In a report released yesterday, Craig Ellis from B.Riley FBR maintained a Buy rating on Cohu, with a price target of $29.00. The company’s shares closed last Monday at $24.32, close to its 52-week high of $26.43.
According to TipRanks.com, Ellis is a 4-star analyst with an average return of 7.2% and a 55.4% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Skyworks Solutions, and Applied Materials.
Cohu has an analyst consensus of Strong Buy, with a price target consensus of $29.00.
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Liveperson (LPSN)
B.Riley FBR analyst Zach Cummins reiterated a Buy rating on Liveperson today and set a price target of $51.00. The company’s shares closed last Monday at $44.98, close to its 52-week high of $45.21.
According to TipRanks.com, Cummins is a 1-star analyst with an average return of -2.7% and a 48.4% success rate. Cummins covers the Technology sector, focusing on stocks such as ServiceSource International, American Software, and ChannelAdvisor.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Liveperson with a $46.20 average price target.
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