Deutsche Bank analyst Gianmarco Conti raised the firm’s price target on Cadence Design to $230 from $222 and keeps a Buy rating on the shares. The analyst sees further room for upside following the Q2 beat.
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Published first on TheFly
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Read More on CDNS:
- Cadence Design price target raised to $240 from $225 at BofA
- Cadence Design price target raised to $223 from $215 at Baird
- Cadence Design price target raised to $235 from $225 at KeyBanc
- Cadence Design raises FY23 EPS view to $4.96-$5.04, consensus $4.98
- Cadence Design sees Q2 EPS $1.15-$1.19, consensus $1.25