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Mentor Graphics Corp (MENT) Tops Q3 EPS by 1c; Q4 Outlook Shy of Views

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After Solid Q3, Needham & Co. Maintains Buy on Mentor Graphics

November 30, 2012 9:14 AM EST

After the company reported solid Q3 results, Needham & Company maintained a Buy rating on Mentor Graphics (NASDAQ: MENT) with a price target of $21.00.

Commenting on the news, analysts Richard Valera of Needham & Company said "Despite the less than exciting y/y bookings... More