Cadence Designs (CDNS) PT Raised to $50 at Griffin Securities

Go back to Cadence Designs (CDNS) PT Raised to $50 at Griffin Securities

Needham & Company Upgrades Cadence Designs (CDNS) to Buy

April 24, 2018 5:42 AM EDT

Needham & Company upgraded Cadence Designs (NASDAQ: CDNS) from Hold to Buy with a price target of $47.00.

Analyst Richard Valera comments "Despite an ~10% after-hours bump following a strong beat-and-raise performance, CDNS shares remain ~10% down from recent highs - with an improved outlook... More