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Analyst Moves: CGNX, MAR
Tuesday, September 25, 12:14 PM ET

This morning, Piper Jaffray downgraded shares of Cognex (NASDAQ:CGNX) from neutral to underweight as macroeconomic headwinds could impact growth. With the downgrade, Piper set a price target of $27 per share.

In morning trading, shares of Cognex were off 6.8% on the news.

And KBW downgraded shares of Marriot (NASDAQ:MAR) from outperform to market perform citing global economic concerns. With the downgrade, KBW set a price target of $42.

Shares of Marriot were higher, despite the report, picking up 0.3% so far.

For MarketNewsVideo.com, I'm Sayoko Murase.

Analyst Moves:  CGNX, MAR picture
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Analyst Moves: CGNX, MAR | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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