Expert Ratings for Cognex
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published their opinion on Cognex (NASDAQ:CGNX) stock. The company has an average price target of $50.17, which has increased by 2.39% from the previous average price target of $49.00. The analysts' ratings are mixed with 2 bullish, 3 indifferent, and 1 somewhat bearish.
October 03, 2023 | 12:00 pm
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Mixed analyst ratings for Cognex (NASDAQ:CGNX) with an average price target of $50.17, up 2.39% from the previous target. This could lead to uncertainty in the market.
The mixed analyst ratings indicate uncertainty about the company's future performance. While the increase in the average price target is a positive sign, the presence of indifferent and somewhat bearish ratings could lead to volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100