Cadence Design Systems (CDNS) Tops Q4 EPS by 6c; Guides Higher
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Cadence Designs (CDNS) PT Raised to $180 at Rosenblatt
February 23, 2022 8:12 AM ESTRosenblatt analyst Blair Abernethy raised the price target on Cadence Designs (NASDAQ: CDNS) to $180.00 (from $173.00) while maintaining a Buy rating following results.
The analyst commented, "Cadence reported Q4 results (Monday after market close) that came in just slightly above our revenue and... More
Cadence Design Systems (CDNS) Shares Up 8% on Q4 Beat and Raise
February 22, 2022 5:45 PM ESTCadence Design Systems (NASDAQ: CDNS) shares rose 8% after-hours following the companys Q4 results, with EPS of $0.82 coming in better than the consensus estimate of $0.76. Revenue was $773 million, beating the consensus estimate of $757.38 million.
The company expects Q1/22 EPS in the range of... More
