Rosenblatt Maintains Neutral on Cadence Design Sys, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has maintained a Neutral rating on Cadence Design Systems (CDNS) with a price target of $280.
April 22, 2024 | 11:27 am
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NEUTRAL IMPACT
Rosenblatt maintains a Neutral rating on Cadence Design Systems with a $280 price target.
The maintenance of a Neutral rating and a $280 price target by Rosenblatt suggests no significant short-term price movement is expected. The analyst's view is likely based on a balanced assessment of Cadence Design Systems' current performance and market position, indicating stability rather than immediate growth or decline.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90