Cognex Corp (CGNX) Declares $0.045 Quarterly Dividend; 0.4% Yield

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Cognex (CGNX) PT Lowered to $55 at Cowen

May 1, 2018 7:39 AM EDT

Cowen lowered its price target on Cognex (NASDAQ: CGNX) to $55.00 (from $70.00) while maintaining a Outperform rating.

Analyst Joseph Giordano commented, "1Q rev at midpoint of guide (first time since 3Q15 below high end), 2Q guide below Street, and FY commentary suggesting a... More