Rosenblatt Reiterates Buy on Cadence Design Sys, Maintains $250 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Blair Abernethy has reiterated a 'Buy' rating on Cadence Design Systems (NASDAQ:CDNS) and maintained a price target of $250.
August 25, 2023 | 11:29 am
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Rosenblatt analyst has reiterated a 'Buy' rating on Cadence Design Systems and maintained a price target of $250.
The reiteration of a 'Buy' rating by a Rosenblatt analyst and the maintenance of a $250 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 price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100