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Griffin Raises Mentor Graphics (MENT) to Buy Following Q3 Results

November 18, 2011 1:17 PM EST
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: 10 | Down: 12 | New: 19
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Griffin Securities' Jay Vleeschhouwer upgraded shares of Mentor Graphics (NASDAQ: MENT) from Neutral to Buy. The analyst set a price target of $14.

Shares of Mentor are up more than 10 percent Friday afternoon following Q3 results and FY12 guidance Thursday night.

With the stock last trading at $12.60, the firm's price target implies potential upside of about 11 percent.

For an analyst ratings summary and ratings history on Mentor Graphics click here. For more ratings news on Mentor Graphics click here.


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