DA Davidson Maintains Neutral on Cognex, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matthew Summerville maintains a Neutral rating on Cognex (NASDAQ:CGNX) and lowers the price target from $41 to $39.
August 05, 2024 | 10:46 pm
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DA Davidson analyst Matthew Summerville maintains a Neutral rating on Cognex and lowers the price target from $41 to $39.
The lowered price target from $41 to $39 suggests a less optimistic outlook for Cognex, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100