Mentor Graphics (MENT) Tops Q1 EPS by 10c, Offers Q2 & FY Guidance

Go back to Mentor Graphics (MENT) Tops Q1 EPS by 10c, Offers Q2 & FY Guidance

Needham & Company Raised Price Target on Mentor Graphics (MENT) Following 1Q16 Results

May 26, 2015 6:56 AM EDT

Needham & Company maintain a Buy rating on Mentor Graphics (NASDAQ: MENT), and raised the price target to $30.00 (from $28.00), following 1Q16 results. MENT reported revenue of $272MM (vs $260MM estimates), and EPS of $0.28 (vs $0.18 estimates). MENT increased F16 NG EPS guidance by 3c to... More