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Fly News Breaks for May 7, 2018
CGNX
May 7, 2018 | 05:10 EDT
JPMorgan analyst Paul Coster downgraded Cognex to Underweight with an unchanged price target of $42. The analyst cited valuation for the downgrade with the shares trading above his price target. He believes the shares may be pricing in growth and margin expansion that is unattainable.
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