Mentor Graphics Corp (MENT) Tops Q1 EPS by 5c, Offers Guidance

Go back to Mentor Graphics Corp (MENT) Tops Q1 EPS by 5c, Offers Guidance

Mentor Graphics (MENT) 'Buy' Reiterated at Needham & Company on Strong Q1

May 23, 2014 6:34 AM EDT

Needham & Company analyst Richard Valera reiterated a Buy rating and $26 price target on Mentor Graphics (NASDAQ: MENT) following solid Q1 results. The analyst notes light bookings in Japan, but an expected strong 2nd-half 2015.

Valera commented, "Mentor reported solid 1QF14 top and bottom line... More