Analyst Expectations For Cognex's Future
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Cognex (NASDAQ:CGNX) with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $48.11, reflecting a 9.34% rise. Key analysts have raised their price targets, indicating positive expectations for Cognex's future performance.
July 02, 2024 | 2:01 pm
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Analysts have mixed opinions on Cognex, with a recent increase in the average 12-month price target to $48.11. Key analysts have raised their price targets, indicating positive expectations for the company's future performance.
The increase in the average 12-month price target and the fact that key analysts have raised their price targets suggest a positive outlook for Cognex. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100