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

November 4, 2009 12:46 PM EST
SNPS Hot Sheet
Rating Summary:
    2 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
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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