Cantor Fitzgerald Reaffirms Their Buy Rating on Cognex (CGNX)
In a report released today, from Cantor Fitzgerald reiterated a Buy rating on Cognex, with a price target of $63.00.
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In addition to Cantor Fitzgerald, Cognex also received a Buy from KeyBanc’s Kenneth Newman in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Cognex (NASDAQ: CGNX).
Based on Cognex’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $276.89 million and a net profit of $17.66 million. In comparison, last year the company earned a revenue of $234.74 million and had a net profit of $29.59 million
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