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 29, 2024 | 2:06 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Rosenblatt analyst Blair Abernethy maintains a Neutral rating on Cadence Design Systems with a $280 price target, indicating no expected significant short-term price movement.
The Neutral rating and maintained price target suggest that the analyst does not foresee significant changes in the stock's performance in the short term. This indicates stability rather than a bullish or bearish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100