Goldman Sachs Maintains Sell on Cognex, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a 'Sell' rating on Cognex (NASDAQ:CGNX) and has lowered the price target from $45 to $40.
October 10, 2023 | 12:54 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a 'Sell' rating on Cognex and lowered the price target from $45 to $40.
The 'Sell' rating maintained by Goldman Sachs and the lowering of the price target indicates a bearish outlook for Cognex. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100