Bank of America Re-Initiates Coverage on System Software Stocks - SNPS, MENT & CDNS

November 4, 2009 12:46 PM EST

Bank of America Re-initiates coverage on Synopsys (Nasdaq: SNPS) with a Buy rating. Price target $27.

BofA re-initiates coverage on Mentor Graphics (Nasdaq: MENT) with a Neutral rating. Price target $8.

BofA also re-initiates coverage on Cadence Design Systems (Nasdaq: CDNS) with an Underperform rating. Price target $5.70.


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New Coverage

Stocks Mentioned

CDNS 6.00

-0.16 -2.60%
Volume: 3,629,988
Track CDNS

MENT 7.37

+0.21 +2.93%
Volume: 1,453,186
Track MENT

SNPS 22.47

+0.04 +0.18%
Volume: 3,077,917
Track SNPS


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