DA Davidson Downgrades Cadence Designs (CDNS) to Neutral

March 12, 2013 7:41 AM EDT Send to a Friend
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Price: $14.64 -0.54%

Rating Summary:
    4 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 8
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DA Davidson downgraded Cadence Designs (NASDAQ: CDNS) from Buy to Neutral with a price target of $15.00 (from $17.00).

For an analyst ratings summary and ratings history on Cadence Designs click here. For more ratings news on Cadence Designs click here.

Shares of Cadence Designs closed at $14.58 yesterday, with a 52 week range of $9.73-$14.81.


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