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Cadence Designs (CDNS) PT Raised to $350 at BofA Securities

May 30, 2024 5:48 AM EDT

BofA Securities analyst Vivek Arya raised the price target on Cadence Designs (NASDAQ: CDNS) to $350.00 (from $330.00) while maintaining a Buy rating.

The analyst comments "We were pleased to host CDNS CEO Anirudh Devgan and IR Head Richard Gu for well attended... More