Cohu (NASDAQ:COHU) Share Price Passes Above 200-Day Moving Average - Here's What Happened

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Cohu (NASDAQ:COHU) saw its stock price climb above its 200-day moving average, reaching as high as $31.78 before settling at $30.23. Despite this technical breakout, analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $34. The company’s recent fundamentals showed weakness, including a quarterly EPS miss and negative net margin, alongside an insider stock sale, although institutional ownership remains high at nearly 95%.

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