Keybanc Maintains Overweight on Cadence Design Sys, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Celino has maintained an Overweight rating on Cadence Design Systems (CDNS) and increased the price target from $290 to $325.
February 05, 2024 | 10:03 am
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Keybanc analyst Jason Celino maintains an Overweight rating on Cadence Design Systems and raises the price target from $290 to $325.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100