What 10 Analyst Ratings Have To Say About Cadence Design Sys
Portfolio Pulse from Benzinga Insights
In the last quarter, Cadence Design Sys (NASDAQ:CDNS) received 10 analyst ratings, with 6 being bullish, 4 somewhat bullish, and none being bearish or indifferent. The average price target for the stock is $266.5, compared to its current price of $241.13, implying an upside. The average price target has increased by 8.78% over the past month.
September 14, 2023 | 12:00 pm
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Cadence Design Sys received 10 positive analyst ratings in the last quarter, with an average price target of $266.5, implying an upside from its current price. The average price target has increased by 8.78% over the past month.
The stock received 10 positive analyst ratings in the last quarter, indicating a bullish sentiment. The average price target is above the current price, suggesting potential upside. The increase in the average price target over the past month also indicates growing optimism about the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100