Cadence Reports Fourth Quarter and Fiscal Year 2015 Financial Results

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DA Davidson Upgrades Cadence Designs (CDNS) to Buy

February 4, 2016 7:20 AM EST

DA Davidson upgraded Cadence Designs (NASDAQ: CDNS) from Neutral to Buy with a price target of $25.00.

For an analyst ratings summary and ratings history on Cadence Designs click here. For more ratings news on Cadence Designs click here.

Shares of Cadence Designs closed at $19.23 yesterday.

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Cadence Design Systems (CDNS) Tops Q4 EPS by 2c, Offers Q1 & FY Guidance

February 3, 2016 4:23 PM EST

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $441 million versus the consensus estimate of $440.36 million.

GUIDANCE:

Cadence Design Systems sees FY2016 EPS of $1.15-$1.25, versus the... More