Keybanc Maintains Overweight on Cadence Design Sys, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Celino maintains an Overweight rating on Cadence Design Systems (CDNS) and raises the price target from $335 to $340.
April 15, 2024 | 10:43 am
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Keybanc analyst Jason Celino maintains an Overweight rating on Cadence Design Systems and raises the price target from $335 to $340.
The increase in price target by Keybanc reflects a positive outlook on Cadence Design Systems, suggesting confidence in the company's future performance. This analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100