Rosenblatt Maintains Neutral on Cadence Design Sys, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy maintains a Neutral rating on Cadence Design Systems (NASDAQ:CDNS) with a $280 price target.

August 06, 2024 | 11:23 am
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Rosenblatt analyst Blair Abernethy maintains a Neutral rating on Cadence Design Systems (NASDAQ:CDNS) with a $280 price target.
The Neutral rating and maintained price target of $280 suggest that the analyst does not foresee significant short-term movement in the stock price. This indicates a stable outlook for CDNS in the near term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100