Needham Sticks to Its Hold Rating for Cognyte Software (CGNT)

In a report released today, Mike Cikos from Needham maintained a Hold rating on Cognyte Software (CGNTResearch Report). The company’s shares closed yesterday at $2.64.

According to TipRanks, Cikos is an analyst with an average return of -9.7% and a 28.74% success rate. Cikos covers the Technology sector, focusing on stocks such as New Relic, Nutanix, and Splunk.

Cognyte Software has an analyst consensus of Hold, with a price target consensus of $6.00.

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The company has a one-year high of $24.24 and a one-year low of $2.55. Currently, Cognyte Software has an average volume of 826.9K.

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Cognyte Software Ltd provides security analytics software that empowers governments and enterprises with Actionable Intelligence. The company’s solutions accelerate security investigations and connect the dots to successfully identify, neutralize, and prevent national security, personal safety, business continuity, and cyber threats.

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