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Why This Cognex Analyst Is No Longer Bullish
Friday, August 12, 2022 - 3:48pm | 336Temporary setbacks in inventory loss, project deferrals in logistics, and FX/component costs headwinds are weighing on Cognex Corporation’s (NASDAQ: CGNX) short term success since it is mostly a book and ship business, according to a JPMorgan analyst. The Cognex Analyst: Paul Chung...
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JPMorgan Upgrades Logitech After Q3 Beat-And-Raise
Wednesday, January 23, 2019 - 4:31pm | 333Logitech International SA (NASDAQ: LOGI) reported third-quarter results Monday that were well ahead of consensus expectations while raising its operating profit guidance for the fulll year. The Analyst JPMorgan’s Paul Chung upgraded Logitech International from Neutral to...
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JPMorgan's Top Tech Ideas For 2018: Buy Zebra, Short Garmin
Wednesday, January 24, 2018 - 4:53pm | 576Hardware stocks are well positioned to generate a "solid" return for investors in 2018, analysts at JPMorgan said in an industry-wide report. Among the entire group, the firm's top picks include: Flex Ltd (NASDAQ: FLEX), NCR Corporation (NYSE: NCR), TTM Technologies, Inc. (NASDAQ:...
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Cree, A Long-Term 'Hope Trade' With Near-Term Problems
Friday, October 6, 2017 - 2:01pm | 651Torn between Cree, Inc. (NASDAQ: CREE)'s long-term hope and near-term problems, JPMorgan downgraded shares of the company. The rating on the shares now goes from Neutral to Underweight, while the price target was bumped up from $23 to $28. The Hope Trade Analysts Paul Coster, Paul Chung and...
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Garmin Outlook Called 'Bleak,' Expected To Underperform Remainder Of 2017
Thursday, May 4, 2017 - 12:18pm | 502Reviewing Garmin Ltd. (NASDAQ: GRMN)'s first-quarter results, JPMorgan downgraded shares of the company, citing valuation and its belief that the prospects for upside surprise and the elusive return to sustainable growth are bleak through the end of 2017. The firm's assessment is premised on the...