Rosenblatt Maintains Buy on Cadence Design Sys, Raises Price Target to $250
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Blair Abernethy maintains a 'Buy' rating on Cadence Design Sys (NASDAQ:CDNS) and raises the price target from $215 to $250.
July 21, 2023 | 11:21 am
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POSITIVE IMPACT
Rosenblatt analyst maintains a 'Buy' rating on Cadence Design Sys and raises the price target from $215 to $250, indicating positive sentiment.
The raised price target by Rosenblatt analyst indicates a positive outlook for Cadence Design Sys. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100