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Fly News Breaks for March 25, 2015
CGNX
Mar 25, 2015 | 07:43 EDT
Canaccord raised its price target on Cognex to $60 from $55 to reflect increased conviction in the firm's Street high 2015 estimates. The firm said reports suggest strong follow-on orders in consumer electronics in China as well as large orders in logistics. Canaccord reiterated its Buy rating on Cognex shares.
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