Cognex Corp (CGNX) Tops Q1 EPS by 1c
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May 5, 2015 8:13 AM EDT
Needham & Company reiterate a Buy rating on Cognex Corporation (NASDAQ: CGNX) and raised its price target to $55 (from $52) after Q1 showed "robust growth" in core factory automation business. With multiple large orders from companies like Apple that will ship in the next 1-2 quarters, Cognex is expecting good things.
Needham analyst James Ricchiuti comments, "CGNX is generating multi-million dollar orders from customers in other... More
May 4, 2015 4:07 PM EDT
Cognex Corp (NASDAQ: CGNX) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.
The dividend will be payable on June 19, 2015, to stockholders of record on June 5, 2015, with an ex-dividend date of June 3, 2015.
The annual yield on the dividend is 0.6... More
