Cadence Design Systems, Inc. (CDNS) Stock Prices Poised to Trend Up Following Strong Financial Reports and Forecasts
Cadence Design Systems, Inc. (CDNS) stock prices were up a marginal 1.51% as of market close on April 26th, 2021, bringing the price per share up to USD$144.23 as of the end of the trading day. Strong Revenues Despite Pandemic Despite the pandemic having ravaged most businesses, CDNS reported Q1 2021 revenues of USD$736 million. […]
KeyBanc lifts Cadence Design Systems [CDNS] rating to Overweight and price target to $155
KeyBanc took its Cadence Design Systems [CDNS] rating to the equivalent of Overweight from Sector Weight, and the price target to $155, in a research note dated 2021-01-05. That figure represents around a 14.17% premium from where the company’s shares closed on Monday. Some new analysts also started their coverage, with UBS’s analysts assigning the […]
