Lake Street starts Cognyte Software Ltd. (CGNT) at Buy on Mar 2, 2026

On Mar 2, 2026, Lake Street initiated Cognyte Software Ltd. (CGNT) with a Buy rating, marking the firm’s first formal view on the stock. This CGNT analyst rating initiation signals Lake Street’s expectation that Cognyte can outpace peers in the security software space. The action followed limited prior coverage, and the share price moved 2.6% ( $0.19 ) after the note. We review the analyst view, market reaction, and what the rating means for investors using Meyka AI-powered market analysis.