TD Cowen analyst Krish Sankar maintains $Kulicke & Soffa Industries (KLIC.US)$ with a hold rating, and maintains the target price at $50.
According to TipRanks data, the analyst has a success rate of 59.7% and a total average return of 15.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Kulicke & Soffa Industries (KLIC.US)$'s main analysts recently are as follows:
The company reported results for the September quarter that met expectations, however, the guidance for the December quarter fell short of the consensus forecast.
The assessment of Kulicke & Soffa suggests that their recent Advanced Solutions win at a top-tier foundry, potentially TSMC, marks a significant milestone for the company, paralleling the success they had with Intel in 2021. This achievement could introduce a stable growth factor to what has traditionally been a volatile stock. Additionally, there's an optimistic viewpoint that Kulicke's wire bonding business is poised for a rebound starting in 2025, following a nearly three-year downturn, indicating an improved risk/reward scenario for the stock.
Note:
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