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 (NASDAQ:CDNS) with a price target of $280.
October 07, 2024 | 9:24 pm
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NEUTRAL IMPACT
Rosenblatt has reiterated a Neutral rating for Cadence Design Systems with a price target of $280, indicating no expected significant short-term price movement.
The Neutral rating suggests that the analyst does not foresee significant upside or downside in the short term. The maintained price target of $280 indicates stability in the stock's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100