Why Shares of Cognex Are Soaring Today
Shares of machine vision systems provider Cognex (NASDAQ: CGNX) rose on Tuesday after the company reported second-quarter results that beat analyst expectations. As of 12:56 p.m. EDT, the stock was up 14.8%.
Cognex reported second-quarter revenue of $172.9 million, up 17% year over year and about $3 million higher than the average analyst estimate. Strength across a variety of industries was partially offset by weakness from the consumer electronics industry.
Image source: Cognex.
Source: Fool.com
Cognex Corp. Aktie
36,01 €
1,18 %
Leichtes Kaufinteresse bei Cognex Corp., mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 46 € für Cognex Corp. bedeutet eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 36.01 €.
