Rosenblatt Reiterates Buy on Cadence Design Sys, Maintains $265 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has reiterated a 'Buy' rating on Cadence Design Sys (NASDAQ:CDNS) and maintained a price target of $265.
October 24, 2023 | 11:12 am
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Rosenblatt analyst has reiterated a 'Buy' rating on Cadence Design Sys and maintained a price target of $265.
The reiteration of a 'Buy' rating by a Rosenblatt analyst and the maintenance of a $265 price target indicates a positive outlook for Cadence Design Sys. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100