Barclays raised the firm’s price target on Cognex (CGNX) to $56 from $55 and keeps an Overweight rating on the shares post the Q3 report. The firm says the company’s Q4 outlook did not meet high expectations, which provides a buying opportunity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CGNX:
