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Fly News Breaks for November 1, 2016
CGNX
Nov 1, 2016 | 09:05 EDT
Needham analyst James Ricchiuti raised his price target for Cognex to $61 from $55 after the company delivered a stronger than expected Q3 report. The analyst reiterates a Buy rating on the shares given the underlying growth potential that he sees for the business and new growth initiatives Cognex is targeting.
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