Barclays initiated coverage of Cognex (CGNX) with an Overweight rating. The firm bases its Positive view on U.S. industrial tech and distributors, as it believes agentic AI can be transformative, that companies providing components to datacenters are already reaping the rewards of this transformation, and that industrial tech names are relatively inexpensive.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CGNX: