Cognex Corp (CGNX) Tops Q1 EPS by 22c

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Cognex (CGNX) PT Raised to $80 at Canaccord Genuity Following 1Q

May 2, 2017 9:57 AM EDT

Canaccord Genuity raised its price target on Cognex (NASDAQ: CGNX) to $80.00 (from $65.00) while maintaining a Hold rating. CGNX reported 1Q earnings results of $134.9M in revenues and $0.51 in EPS. Results exceeded the consensus estimates of $124.7M and $0.28. Revenues were ahead of the company's... More

Cognex (CGNX) PT Raised to $100 at Cowen; 'Big 1Q Beat - True Guide Far Stronger Than Numbers Suggest'

May 2, 2017 8:06 AM EDT

Cowen raised its price target on Cognex (NASDAQ: CGNX) to $100.00 (from $90.00) while maintaining a Outperform rating, following the company's first quarter earnings report.

Analyst Joseph Giordano notes the company delivered first quarter revenues above expectations by $10 million, fueled by growth in automtive, consumer... More