Page 38 - Cdns News Today

Cadence Design Systems (NASDAQ:CDNS – Get Rating) had its target price hoisted by Bank of America from $225.00 to $240.00 in a research report released on Tuesday, The Fly reports. A number of other brokerages also recently commented on CDNS. Atlantic Securities upgraded shares of Cadence Design Systems from a neutral rating to an overweight […]

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 3.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 315,054 shares of the software maker’s stock after purchasing an additional 9,409 shares during the period. […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) had its price target lifted by KeyCorp from $225.00 to $235.00 in a research note published on Tuesday, The Fly reports. KeyCorp also issued estimates for Cadence Design Systems’ FY2023 earnings at $4.01 EPS. Several other analysts have also recently issued reports on the company. Bank of America […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) had its target price increased by Robert W. Baird from $215.00 to $223.00 in a report issued on Tuesday morning, The Fly reports. A number of other analysts have also recently commented on CDNS. Needham & Company LLC increased their price target on shares of Cadence Design Systems […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) announced its earnings results on Monday. The software maker reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.04, Briefing.com reports. Cadence Design Systems had a net margin of 23.24% and a return on equity of 33.80%. The company had revenue […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $1.15-1.19 for the period, compared to the consensus earnings per share estimate of $1.26. The company issued revenue guidance of $960-980 million, compared to the consensus revenue estimate […]

Synovus Financial Corp boosted its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,454 shares of the software maker’s stock after acquiring an additional 3,939 shares during the quarter. Synovus […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday. Other equities research analysts have also recently issued research reports about the stock. KeyCorp boosted their price target on shares of Cadence […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) posted its quarterly earnings data on Monday. The software maker reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.04, Briefing.com reports. Cadence Design Systems had a return on equity of 33.89% and a net margin of 23.83%. The business had revenue […]

Cadence Design Systems (NASDAQ:CDNS – Get Rating) issued its quarterly earnings results on Monday. The software maker reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.04, Briefing.com reports. Cadence Design Systems had a net margin of 23.83% and a return on equity of 33.89%. The business had revenue of $1.02 […]