Needham analyst James Ricchiuti maintained a Hold rating on Cognex Corp (CGNX) today. The company’s shares closed last Monday at $49.14.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 15.0% and a 62.0% success rate. Ricchiuti covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Teledyne Technologies Inc, and Universal Display.
Cognex Corp has an analyst consensus of Hold, with a price target consensus of $51.25.
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The company has a one-year high of $57.31 and a one-year low of $34.88. Currently, Cognex Corp has an average volume of 1.06M.
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Cognex Corp. engages in the provision of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The company was founded by Robert J. Shillman, William Silver, and Marilyn Matz in 1981 and is headquartered in Natick, MA.
