Berenberg Initiates Coverage On Cadence Design Sys with Buy Rating, Announces Price Target of $320
Portfolio Pulse from Benzinga Newsdesk
Berenberg has initiated coverage on Cadence Design Systems with a Buy rating and set a price target of $320.
October 15, 2024 | 11:20 am
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Berenberg has initiated coverage on Cadence Design Systems with a Buy rating and a price target of $320, indicating a positive outlook.
The initiation of coverage with a Buy rating and a price target of $320 by Berenberg suggests a positive outlook for Cadence Design Systems. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100