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Thrivent Financial increased its stake in semiconductor test equipment firm Cohu, despite its recent net loss and a "Hold" analyst rating.
Thrivent Financial for Lutherans significantly boosted its investment in Cohu, Inc., a semiconductor test equipment provider, by purchasing an additional 1,152,825 shares in the fourth quarter, now owning 2,615,235 shares worth about $69.8 million.
Cohu reported a larger-than-expected net loss of $0.25 per share and has a market cap of $795.94 million.
Analysts have a "Hold" recommendation on the stock, with an average target price of $30.57.
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Thrivent Financial aumentó su participación en la empresa de equipos de prueba de semiconductores Cohu, a pesar de su reciente pérdida neta y de una calificación de analista "Hold".