Keybanc Maintains Overweight on Cadence Design Sys, Raises Price Target to $335
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 $325 to $335.
February 13, 2024 | 10:00 am
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Keybanc analyst Jason Celino reaffirmed an Overweight rating on Cadence Design Systems and raised the price target to $335.
The increase in price target by a reputable analyst like Jason Celino suggests a positive outlook on CDNS's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
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