Cognex Corp (CGNX) Tops Q2 EPS by 11c

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Go back to Cognex Corp (CGNX) Tops Q2 EPS by 11c

Cognex (CGNX) PT Raised to $135 at Cowen on 2Q Beat; 'Magnitude of 3Q Guide Incredible... Vision Technology Continues to Penetrate Large Markets'

August 2, 2017 3:59 PM EDT

Cowen raised its price target on Cognex (NASDAQ: CGNX) to $135.00 (from $100.00) while maintaining a Outperform rating, following the company's second quarter announcement.

Analyst Joseph Giordano notes the company delivered second quarter earnings per share and revenue results above consensus projections, while management offered... More