Analysts Predict Upsurge for Top Tech Picks Apple and Cohu
Wall Street analysts are optimistic about Apple (AAPL) and Cohu (COHU), two top technology picks in the sector. Apple's shares closed last Thursday at $333.43, while TD Cowen analyst Krish Sankar maintained a Buy rating with a price target of $400.00.
Sankar has a strong track record, with an average return of 52.4% and a success rate of 66.1%. He covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Ultra Clean Holdings, and GlobalFoundries Inc.
Meanwhile, Cohu's shares closed last Thursday at $46.45, with Jefferies analyst Kevin Garrigan reiterating a Buy rating and a price target of $74.00. Garrigan has an average return of 11.4% and a success rate of 38.6%, covering stocks such as Rigetti Computing, D-Wave Quantum, and Arteris.