Cadence Senior Group Director Investor Relations Alan Lindstrom to Present at the Bernstein Technology Innovation Summit

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Go back to Cadence Senior Group Director Investor Relations Alan Lindstrom to Present at the Bernstein Technology Innovation Summit

Cadence Design Systems (CDNS) Reports Strong 3Q Results despite challenging environment; RBC Capital Remains Positive

October 27, 2015 9:56 AM EDT

RBC Capital reiterated an Outperform rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $25.00 (from $23.00), following the company's 3Q15 earnings results. Despite the challenging semiconductor environment, Cadence delivered EPS upside driven by strong execution. CDNS reported Q3 results of $434M revenue... More

Piper Jaffray Raises Price Target as Trends Remains Favorable for Cadence Design Systems (CDNS)

October 27, 2015 8:09 AM EDT

Piper Jaffray reiterated an Overweight rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $26.00 (from $22.00), following the company's 3Q earnings results. CDNS reported revenue and non-GAAP EPS of $433.8M and $0.28. CDNS guided Q4 revenue and non-GAAP EPS at $434-$444M and $0.28-$0.30, respectively.

Analyst... More

Cadence Design Systems (CDNS) Records Beat and Raise in a Challenging Environment; Needham & Company Raises Price Target to $24

October 27, 2015 6:58 AM EDT

Needham & Company reiterated a Buy rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $24.00 (from $22.00), following the company's 3Q15 earnings results. Revenue and NG EPS of $434MM and $0.28 exceeded consensus of $429MM and $0.26. 2015 revenue guidance range was tightened to $1.695-1.705B (unchanged midpoint)... More