Cognyte downgraded at Lake Street

Lake Street analyst Eric Martinuzzi downgraded Cognyte (CGNT) with a $13 price target Cognyte is a “global leader in law enforcement and national security software,” but the company remains under the radar since over 95% of its sales occur outside the U.S. and investor sentiment is “still muted” despite the fact that revenue grew 12% in FY25 and the firm anticipates acceleration in FY26, the analyst says.