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Cognex price target raised to $37 from $30 at Citi

Citi raised the firm’s price target on Cognex (CGNX) to $37 from $30 and keeps a Neutral rating on the shares. The firm adjusted targets in the industrial conglomerate group as part of a Q2 earnings preview. It expects most in the sector to report solid results and slightly increase 2025 earnings outlooks. Citi elevated Dover to its top multis pick.

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