Cadence Design Systems (CDNS) Shares Up 8% on Q4 Beat and Raise
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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) Tops Q4 EPS by 6c; Guides Higher
February 22, 2022 4:09 PM ESTCadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.82, $0.06 better than the analyst estimate of $0.76. Revenue for the quarter came in at $773 million versus the consensus estimate of $757.38 million.
GUIDANCE:
Cadence Design Systems sees Q1 2022 EPS of $1.00-$1.04, versus the... More
