Latest news with #JayHuang
Business Insider
27-05-2025
- Business
- Business Insider
Bernstein Sticks to Its Buy Rating for Cognex (CGNX)
In a report released on May 22, Jay Huang from Bernstein maintained a Buy rating on Cognex (CGNX – Research Report), with a price target of $38.00. The company's shares closed last Friday at $29.72. Confident Investing Starts Here: Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics. According to TipRanks, Huang has an average return of 0.1% and a 45.95% success rate on recommended stocks. Currently, the analyst consensus on Cognex is a Moderate Buy with an average price target of $37.13. Based on Cognex's latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $216.04 million and a net profit of $23.6 million. In comparison, last year the company earned a revenue of $210.8 million and had a net profit of $12.02 million
Business Insider
27-05-2025
- Business
- Business Insider
Bernstein Keeps Their Hold Rating on IPG Photonics (IPGP)
Bernstein analyst Jay Huang maintained a Hold rating on IPG Photonics (IPGP – Research Report) on May 22 and set a price target of $75.00. The company's shares closed last Friday at $64.60. Confident Investing Starts Here: Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics. According to TipRanks, Huang has an average return of 0.1% and a 45.95% success rate on recommended stocks. In addition to Bernstein, IPG Photonics also received a Hold from Needham's James Ricchiuti in a report issued on May 7. However, on the same day, Bank of America Securities reiterated a Sell rating on IPG Photonics (NASDAQ: IPGP). Based on IPG Photonics' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $227.79 million and a net profit of $3.76 million. In comparison, last year the company earned a revenue of $252.01 million and had a net profit of $24.1 million Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IPGP in relation to earlier this year. Earlier this month, Eugene Shcherbakov, a Director at IPGP sold 8,500.00 shares for a total of $558,366.40.
Business Insider
27-05-2025
- Business
- Business Insider
Fanuc Corporation (6954) Gets a Buy from Bernstein
Bernstein analyst Jay Huang maintained a Buy rating on Fanuc Corporation (6954 – Research Report) on May 22 and set a price target of Yen5,400.00. The company's shares closed today at Yen3,930.00. Confident Investing Starts Here: Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics. According to TipRanks, Huang has an average return of 0.1% and a 45.95% success rate on recommended stocks. Fanuc Corporation has an analyst consensus of Strong Buy, with a price target consensus of Yen4,655.00, which is a 18.45% upside from current levels. In a report released on May 20, UBS also upgraded the stock to a Buy with a Yen4,930.00 price target. 6954 market cap is currently Yen3663.8B and has a P/E ratio of 24.83.
Business Insider
27-05-2025
- Business
- Business Insider
Bernstein Remains a Buy on SMC (OR) (SMECF)
In a report released on May 22, Jay Huang from Bernstein maintained a Buy rating on SMC (OR) (SMECF – Research Report), with a price target of Yen74,000.00. The company's shares closed last Friday at $359.00. Confident Investing Starts Here: According to TipRanks, Huang is a 2-star analyst with an average return of 0.1% and a 45.95% success rate. Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics. SMC (OR) has an analyst consensus of Strong Buy, with a price target consensus of $481.56, which is a 34.14% upside from current levels. In a report released on May 16, CLSA also initiated coverage with a Buy rating on the stock with a Yen64,000.00 price target.
