Jefferies Initiates Cognex (CGNX) at Buy
Bullish initiation with meaningful implied upside, though the target is an analyst opinion.
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Bullish initiation with meaningful implied upside, though the target is an analyst opinion.
What happened, with direct paths to the underlying reporting
Jefferies initiated coverage of CGNX with a Buy rating and a $64 target, about 26% above the posted price of $50.80.
Target: $64
Posted price: $50.8
Analyst firm: Jefferies
Analyst: Dushyant Ailani
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