Needham Reiterates Buy on Cognex, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Cognex (NASDAQ:CGNX) and maintained a price target of $55.
September 01, 2023 | 8:06 am
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Needham analyst James Ricchiuti has reiterated a 'Buy' rating on Cognex and maintained a price target of $55.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $55 price target could potentially boost investor confidence in Cognex, leading to a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100