Where Cognex Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, analysts have provided mixed ratings for Cognex (NASDAQ:CGNX), with one bullish, two indifferent, and one somewhat bearish. The average 12-month price target for the stock is $49.0, with a high of $58.00 and a low of $45.00, increasing by 16.67% over the past month.
June 20, 2023 | 8:01 pm
News sentiment analysis
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NEUTRAL IMPACT
Cognex (NASDAQ:CGNX) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $49.0, which has increased by 16.67% over the past month.
The mixed analyst ratings for Cognex indicate that there is no clear consensus on the stock's short-term price direction. The average 12-month price target has increased by 16.67% over the past month, which could be a positive sign for investors. However, the presence of both bullish and bearish ratings suggests that the stock's performance may be uncertain in the short term. Therefore, the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100