Cognyte Announces Second Quarter Results

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Stifel Downgrades Cognyte Software Ltd. (CGNT) to Hold

September 28, 2022 4:55 PM EDT

Stifel analyst Brad Reback downgraded Cognyte Software Ltd. (NASDAQ: CGNT) from Buy to Hold with a price target of $6.00 (from $8.00).

The analyst comments "Cognyte reported F2Q23 results that again lagged our expectations as the company continues to face similar macro and... More