Cognex (NASDAQ:CGNX) price target raised to $50.00 by Needham & Company LLC

ME Staff
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Analyst Ratings For Cognex (NASDAQ:CGNX)

Today, Needham & Company LLC raised its price target on Cognex (NASDAQ:CGNX) to $50.00 per share.

There are 5 Hold Ratings, 5 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Cognex (NASDAQ:CGNX) is Hold with a consensus target price of $48.91 per share, a potential 2.00% upside.

Some recent analyst ratings include

  • 11/19/2018-Cognex (NASDAQ:CGNX) has coverage initiated with a Buy ➝ Buy rating and $54.00 price target
  • 10/2/2018-Cognex (NASDAQ:CGNX) has coverage initiated with a Neutral rating and $57.00 price target
  • 8/24/2018-Cognex (NASDAQ:CGNX) gets downgraded to Neutral by Northcoast Research with a price target of $54.00
  • 8/1/2018-Cognex (NASDAQ:CGNX) gets upgraded to Outperform by Sanford C. Bernstein with a price target of $40.10
  • On 9/13/2018 Anthony Sun, Director, sold 10,000 with an average share price of $56.04 per share and the total transaction amounting to $560,400.00.
  • On 9/11/2018 Jerry A Schneider, Director, sold 5,000 with an average share price of $54.29 per share and the total transaction amounting to $271,450.00.
  • On 8/6/2018 Anthony Sun, Director, sold 10,000 with an average share price of $53.01 per share and the total transaction amounting to $530,100.00.
  • On 8/3/2018 Jerry A Schneider, Director, sold 2,500 with an average share price of $52.50 per share and the total transaction amounting to $131,250.00.
  • On 3/12/2018 Anthony Sun, Director, sold 10,000 with an average share price of $56.49 per share and the total transaction amounting to $564,900.00.
  • On 11/27/2017 Patrick Alias, Director, sold 5,000 with an average share price of $143.54 per share and the total transaction amounting to $717,700.00.
  • On 11/9/2017 Theodor Krantz, Director, sold 15,000 with an average share price of $134.05 per share and the total transaction amounting to $2,010,750.00.

About Cognex (NASDAQ:CGNX)
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. Its products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, including DataMan barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits. The company sells its products to customers in the consumer electronics and automotive industries, and semiconductor and electronics capital equipment markets through direct sales force, as well as through a network of distributors and integrators. Cognex Corporation was founded in 1981 and is headquartered in Natick, Massachusetts.

Recent Trading Activity for Cognex (NASDAQ:CGNX)
Shares of Cognex closed the previous trading session at 47,95 up +1,02 2,17 % with 47.07 shares trading hands.