Truist Securities Maintains Buy on Cognex, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Cognex (NASDAQ:CGNX) and raised the price target from $50 to $55.
July 02, 2024 | 1:02 pm
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POSITIVE IMPACT
Truist Securities has maintained its Buy rating on Cognex and raised the price target from $50 to $55, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from Truist Securities suggest positive sentiment and confidence in Cognex's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100