Form S-8 CADENCE DESIGN SYSTEMS

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Cadence Designs (CDNS) PT Raised to $76 at Needham & Company

July 23, 2019 7:26 AM EDT

Needham & Company analyst Richard Valera raised the price target on Cadence Designs (NASDAQ: CDNS) to $76.00 (from $71.00) while maintaining a Buy rating.

The analyst commented, "For 2Q19 CDNS delivered roughly in line revenue and a solid EPS beat despite an unquantified headwind... More