Rosenblatt Maintains Buy on Cadence Design Sys, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy maintains a 'Buy' rating on Cadence Design Sys (NASDAQ:CDNS) and raises the price target from $250 to $265.
October 19, 2023 | 11:25 am
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POSITIVE IMPACT
Rosenblatt analyst maintains a 'Buy' rating on Cadence Design Sys and raises the price target from $250 to $265, indicating positive sentiment towards the stock.
The raised price target by Rosenblatt analyst indicates a positive outlook for Cadence Design Sys. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100