Canaccord Genuity Reiterates a 'Buy' on Mentor Graphics (MENT); Tops Estimates, Sees Strong H2 Although July View Soft

May 31, 2011 9:16 AM EDT
Get Alerts MENT Hot Sheet
Price: $37.25 --0%

Rating Summary:
    2 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Canaccord Genuity reiterates a 'Buy' on Mentor Graphics (NASDAQ: MENT), PT $18.

Canaccord analyst says, "Mentor reported upside for revenues and EPS Friday morning while offering disappointing guidance for the July quarter. The full-year outlook was lifted slightly, however, as timing of renewals is expected to drive strong H2 growth."

For more ratings news on Mentor Graphics click here and for the rating history of Mentor Graphics click here.

Shares of Mentor Graphics closed at $13.46 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments