Cadence Designs (CDNS) PT Lowered to $370 at Morgan Stanley

February 18, 2026 8:15 AM EST
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Price: $323.26 -0.15%

Rating Summary:
    29 Buy, 6 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 15 | Down: 24 | New: 12
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Morgan Stanley analyst Lee Simpson lowered the price target on Cadence Designs (NASDAQ: CDNS) to $370.00 (from $385.00) while maintaining a Overweight rating.

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