Needham Reiterates Buy on Cadence Design Sys, Maintains $235 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a 'Buy' rating on Cadence Design Systems (NASDAQ:CDNS) and maintained a price target of $235.
July 25, 2023 | 2:36 pm
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Needham analyst has reiterated a 'Buy' rating on Cadence Design Systems and maintained a price target of $235.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $235 price target indicates a positive outlook for Cadence Design Systems. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
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IMPORTANCE 80
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