Cognex Corp (CGNX) Tops Q3 EPS by 10c

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Go back to Cognex Corp (CGNX) Tops Q3 EPS by 10c

Cognex (CGNX) PT Raised to $120 at Canaccord Genuity

October 31, 2017 5:38 AM EDT

Canaccord Genuity raised its price target on Cognex (NASDAQ: CGNX) to $120.00 (from $95.00) while maintaining a Hold rating.

Analyst Bobby Burleson liked the Q3 report noting robust consumer demand delivered another strong quarter and expects this demand to remain into 2018. The analyst remains sidelined citing valuation and limited upside potential.

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