Analysts have been eager to weigh in on the Technology sector with new ratings on Cohu (COHU – Research Report) and Nokia (NOK – Research Report).
Cohu (COHU)
Needham analyst Quinn Bolton reiterated a Buy rating on Cohu today and set a price target of $55.00. The company’s shares closed last Friday at $40.18.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of 42.1% and a 76.6% 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 $63.20 average price target, representing a 55.3% upside. In a report issued on March 5, B.Riley Financial also maintained a Buy rating on the stock with a $74.00 price target.
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Nokia (NOK)
Raymond James analyst Simon Leopold maintained a Hold rating on Nokia today. The company’s shares closed last Friday at $3.88.
According to TipRanks.com, Leopold is a 4-star analyst with an average return of 9.3% and a 59.2% success rate. Leopold covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise, and Applied Optoelectronics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nokia with a $4.74 average price target.
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