Baird Maintains Neutral on Cognex, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Richard Eastman maintains a Neutral rating on Cognex (NASDAQ:CGNX) but lowers the price target from $46 to $42.
August 05, 2024 | 11:21 am
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Baird analyst Richard Eastman maintains a Neutral rating on Cognex but lowers the price target from $46 to $42.
The lowered price target from $46 to $42 suggests a less optimistic outlook for Cognex, which could lead to a short-term negative impact on the stock price.
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