Baird raised the firm’s price target on Cognex (CGNX) to $32 from $30 and keeps a Neutral rating on the shares. The firm updated its model following its Investor Day.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CGNX:
- Cognex Faces Competitive Pressures and Mixed Market Signals: Analyst Maintains Sell Rating
- Cognex’s AI-Driven Growth Strategy and Leadership Transition Reinforce Buy Rating
- Cognex price target lowered to $32 from $35 at DA Davidson
- Cognex, Editas, Akebia, Tvardi, Chipotle: Trending by Analysts
- Cognex price target lowered to $53 from $56 at UBS