Cognyte Software (CGNT) Misses Q1 EPS by 89c

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Cognyte Software Ltd. (CGNT) PT Lowered to $8 at Stifel Post Earnings

June 28, 2022 1:35 PM EDT

Stifel analyst Brad Reback lowered the price target on Cognyte Software Ltd. (NASDAQ: CGNT) to $8.00 (from $13.00) while maintaining a Buy rating following earnings.

The analyst commented, "Cognyte reported F1Q23 results that lagged our expectations as the company continues to face... More