Needham Maintains Buy on Cognex, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Needham analyst James Ricchiuti has maintained a 'Buy' rating on Cognex (NASDAQ:CGNX) but lowered the price target from $55 to $46.

November 01, 2023 | 10:47 am
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Needham analyst has maintained a 'Buy' rating on Cognex but lowered the price target from $55 to $46.
The news is directly about Cognex and is likely to impact its stock. While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially affecting the stock's short-term performance.
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