Needham cuts COO target to $86, stays Buy

Needham analyst David Saxon cut their price target on COO to $86 on June 5, with the rating unchanged at Buy.

David’s record on COO: 9 calls tracked, the stock touching the target in 0 of 9 of them.

The rating count on COO runs 7 Buy, 4 Hold, 1 Sell right now. Jefferies‘s Young Li holds the high end of the range at $110; Wells Fargo‘s Larry Biegelsen anchors the low end at $66. The stock’s most recent close was $71.02.

COO price target chart: Needham cuts to $86
David Saxon’s COO target history against the street high, street low and the stock price. Each dot marks a dated call.

The $86 target is 21% above the stock’s $71.02 close.

FAQ

What is Needham’s price target on COO?

Needham’s David Saxon has a $86 target on COO, rated Buy, set June 5, 2026.

How often have David Saxon’s COO price targets been reached?

AnaChart has tracked 9 price-target calls from David Saxon on COO; the stock reached the target in 0 of them (0%).

What is the analyst view on COO?

Coverage is split 7 Buy / 4 Hold / 1 Sell, with targets from $66 (Wells Fargo) to $110 (Jefferies).