Analysts’ Opinions Are Mixed on These Technology Stocks: Cognex (CGNX), Procore Technologies (PCOR) and Applied Materials (AMAT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cognex (CGNX – Research Report), Procore Technologies (PCOR – Research Report) and Applied Materials (AMAT – Research Report).
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Cognex (CGNX)
In a report released today, Tomohiko Sano from J.P. Morgan maintained a Sell rating on Cognex, with a price target of $55.00. The company’s shares closed last Friday at $56.68.
According to TipRanks.com, Sano is a 4-star analyst with an average return of
Currently, the analyst consensus on Cognex is a Moderate Buy with an average price target of $57.09.
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Procore Technologies (PCOR)
In a report released today, Alexei Gogolev from J.P. Morgan maintained a Buy rating on Procore Technologies, with a price target of $75.00. The company’s shares closed last Friday at $54.00, close to its 52-week low of $49.46.
According to TipRanks.com, Gogolev is a 4-star analyst with an average return of
Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $73.62, representing a 40.4% upside. In a report issued on February 3, TD Cowen also maintained a Buy rating on the stock with a $80.00 price target.
Applied Materials (AMAT)
In a report released today, Jed Dorsheimer from William Blair maintained a Hold rating on Applied Materials. The company’s shares closed last Friday at $365.03.
According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Materials with a $424.13 average price target.
