Credit Suisse Maintains Neutral on Cognex, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Guy Hardwick maintains a Neutral rating on Cognex (NASDAQ:CGNX) and raises the price target from $46 to $47.
July 13, 2023 | 11:27 am
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NEUTRAL IMPACT
Credit Suisse maintains a Neutral rating on Cognex and raises the price target from $46 to $47.
The news is directly about Cognex and is likely to influence investor sentiment. The raised price target indicates a slightly more positive outlook, but the maintained Neutral rating suggests that the overall stance hasn't changed significantly. Therefore, the short-term impact on the stock price is expected to be neutral.
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IMPORTANCE 70
RELEVANCE 100