Oppenheimer analyst Edward Yang raised the firm’s price target on Cadence Design (CDNS) to $225 from $200 and keeps an Underperform rating on the shares following quarterly results. The firm cites a mixed Q3 225, noting that the stock was down 1% after-hours.
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Read More on CDNS:
- Cadence Design price target raised to $335 from $320 at Rosenblatt
- Cadence Design price target raised to $418 from $390 at Baird
- Cadence Design price target raised to $405 from $390 at JPMorgan
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- Cadence Design price target raised to $410 from $405 at Wells Fargo