Mentor Graphics (MENT) Declares $0.055 Quarterly Dividend; 0.9% Yield

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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