Cognex Corp. (CGNX) Tops Q2 EPS by 2c
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Needham & Company Cuts Price Target on Cognex Corp (CGNX) Following 2Q Report
August 4, 2015 9:17 AM EDTNeedham & Company maintained a Buy rating on Cognex (NASDAQ: CGNX), and cut the price target to $47.00 (from $55.00), following 2Q report. EPS of $0.49, $0.02 above consensus $0.47 estimate, benefiting from the stronger top line and higher gross margins. Without large deals CGNX was expecting in Q3, management guided to Q3 revs of... More
UPDATE: Canaccord Genuity Downgrades Cognex (CGNX) to Hold
August 4, 2015 6:56 AM EDT(Updated - August 4, 2015 9:22 AM EDT)
Canaccord Genuity downgraded Cognex (NASDAQ: CGNX) from Buy to Hold with a price target of $35.00 (from $60.00). Analyst Bobby Burleson noted he soft Q3 outlook.
"While our previous Buy rating might have endured a couple of... More
Cognex Corp (CGNX) Declares $0.07 Quarterly Dividend; 0.6% Yield
August 3, 2015 4:11 PM EDTCognex Corp (NASDAQ: CGNX) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.
The dividend will be payable on September 18, 2015, to stockholders of record on September 4, 2015, with an ex-dividend date of September 2, 2015.
The annual yield on the dividend is 0.6... More
