Throughout the last three months, 5 analysts have evaluated Cognex (NASDAQ:CGNX), offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
3
0
2
0
0
Last 30D
1
0
1
0
0
1M Ago
0
0
1
0
0
2M Ago
2
0
0
0
0
3M Ago
0
0
0
0
0
In the assessment of 12-month price targets, analysts unveil insights for Cognex, presenting an average target of $47.2, a high estimate of $54.00, and a low estimate of $43.00. This current average reflects an increase of 11.72% from the previous average price target of $42.25.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Cognex is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
James Ricchiuti
Needham
Raises
Buy
$48.00
$46.00
Richard Eastman
Baird
Raises
Neutral
$44.00
$40.00
Piyush Avasthy
Citigroup
Raises
Neutral
$43.00
$41.00
Damian Karas
UBS
Raises
Buy
$54.00
$42.00
Jamie Cook
Truist Securities
Announces
Buy
$47.00
-
Key Insights:
Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cognex. This information provides a snapshot of ...Full story available on Benzinga.com
Related tickers: CGNX.
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