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Analysts Conflicted on These Technology Names: Cognex (CGNX) and Bilibili (BILI)

Analysts have been eager to weigh in on the Technology sector with new ratings on Cognex (CGNXResearch Report) and Bilibili (BILIResearch Report).

Cognex (CGNX)

Needham analyst James Ricchiuti maintained a Buy rating on Cognex today and set a price target of $46.00. The company’s shares closed last Tuesday at $35.99, close to its 52-week low of $34.32.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 10.8% and a 51.2% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Shapeways Holdings, Universal Display, and TTM Technologies.

Cognex has an analyst consensus of Hold, with a price target consensus of $48.22.

See the top stocks recommended by analysts >>

Bilibili (BILI)

Morgan Stanley analyst Alex Poon assigned a Hold rating to Bilibili today and set a price target of $13.00. The company’s shares closed last Tuesday at $13.43.

According to TipRanks.com, Poon is a 3-star analyst with an average return of 2.9% and a 42.7% success rate. Poon covers the Technology sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, Tencent Music Entertainment Group, and NetEase.

Bilibili has an analyst consensus of Moderate Buy, with a price target consensus of $19.08.

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