Baird analyst Joe Vruwink raised the firm’s price target on Cadence Design (CDNS) to $385 from $381 and keeps an Outperform rating on the shares. The firm updated its model following results where accelerating momentum drove a large 2026 gudance raise.
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Read More on CDNS:
- Cadence Design: Buy Rating Reiterated on Strengthening AI-Driven Growth, Guidance Lift, and Maintained $400 Price Target
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