Barclays raised the firm’s price target on Cognex (CGNX) to $56 from $55 and keeps an Overweight rating on the shares post the Q3 report. The firm says the company’s Q4 outlook did not meet high expectations, which provides a buying opportunity.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CGNX:
