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Fly News Breaks for December 23, 2015
CGNX
Dec 23, 2015 | 08:29 EDT
Cowen said they would be buyers of Cognex on weakness based on near-term customer spending, but said they would not be aggressive into Q4 as current markets do not seem to be conducive to large orders. Cowen reiterated its Outperform rating and $55 price target on Cognex shares.
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