Mentor Graphics (MENT) Tops Q4 EPS by 2c, FY16 Guidance Comes in Light

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Mentor Graphics (MENT) PT Lifted to $28 at Needham & Company on 'Strong' Q4

February 27, 2015 6:50 AM EST

Needham & Company analyst Richard Valera reiterated a Buy rating and boosted his price target on Mentor Graphics (NASDAQ: MENT) to $28.00 (from $26.00) following strong Q4 results and mixed guidance on light emulation.

Valera commented, "Mentor's solid 4QF15 results were driven by strong Automotive and Calibre,... More