Goldman Sachs Maintains Sell on Cognex, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Sell rating on Cognex (NASDAQ:CGNX) and lowers the price target from $45 to $39.
August 02, 2024 | 4:28 pm
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Goldman Sachs analyst Joe Ritchie maintains a Sell rating on Cognex and lowers the price target from $45 to $39.
The Sell rating and lowered price target from a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and the short-term stock price of Cognex.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100