Cognex Corporation Prepares for a Monster Quarter
Machine vision company Cognex Corporation (NASDAQ: CGNX) reported record results in its second quarter and promptly guided investors toward a "monster" third quarter.
There are a lot of good things going on with the company in 2017, and the earnings call hinted at more long-term growth, even if the third quarter is likely to prove somewhat of an outlier. Let's take a look at another strong quarter for the company.
Manufacturing of OLED screens represents a growth market for Cognex Corporation. Image source: Getty Images.
Source: Fool.com
Cognex Corp. Stock
€45.72
0.460%
Currently there is a rather positive sentiment for Cognex Corp. with 14 Buy predictions and 3 Sell predictions.
As a result the target price of 50 € shows a slightly positive potential of 9.36% compared to the current price of 45.72 € for Cognex Corp..
