Cadence Designs (CDNS) PT Lowered to $340 at Loop Capital
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
KeyBanc says buy 'any perceived weakness' in this stock
February 19, 2025 4:00 PM ESTKeyBanc Capital Markets told investors in a note Wednesday that it is a buyer on any perceived weakness in Cadence Design Systems (NASDAQ: CDNS) following the companys very strong Q4 backlog and what analysts see as a conservative 2025 revenue outlook.
Cadence reported a Q4 backlog of $6.8 billion, marking a record sequential expansion of $1.2 billion, the largest in... More
