Keybanc Maintains Overweight on Cadence Design Systems, Raises Price Target to $186
Keybanc analyst Jason Celino maintains Cadence Design Systems (NASDAQ:CDNS) with a Overweight and raises the price target from $166 to $186.
Recap: Cadence Design Systems Q3 Earnings
Cadence Design Systems (NASDAQ:CDNS) reported its Q3 earnings results on Monday, October 25, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Cadence Design Systems Q3 EPS $0.80 Beats $0.75 Estimate, Sales $751.00M Beat $743.65M Estimate
Cadence Design Systems (NASDAQ:CDNS) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.75 by 6.67 percent. This is a 14.29 percent increase over earnings of $0.70 per share
Earnings Scheduled For October 25, 2021
Companies Reporting Before The Bell
• HNI (NYSE:HNI) is expected to report quarterly earnings at $0.43 per share on revenue of $592.14 million.
Wells Fargo Maintains Overweight on Cadence Design Systems, Raises Price Target to $175
Wells Fargo analyst Gary Mobley maintains Cadence Design Systems (NASDAQ:CDNS) with a Overweight and raises the price target from $165 to $175.
Needham Initiates Coverage On Cadence Design Systems with Buy Rating, Announces Price Target of $183
Needham analyst Charles Shi initiates coverage on Cadence Design Systems (NASDAQ:CDNS) with a Buy rating and announces Price Target of $183.
Multiple Stocks At Support Levels
Market pullbacks are one of the hardest parts for investors/traders to deal with. The reality is they cannot be avoided. In fact, those aligned with the market not only expect them but embrace pullbacks as they offer entry points and compounding opportunities.
Cadence Says Accelerates Development Of Mobile, Automotive, Hyperscale Systems With Helium Virtual And Hybrid Studio
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced the Cadence® Helium™ Virtual and Hybrid Studio, a platform that accelerates the creation of virtual and hybrid prototypes of complex systems.
Cadence Says Accelerates Development Of Mobile, Automotive, Hyperscale Systems With Helium Virtual And Hybrid Studio
Cadence Design Systems, Inc. (NASDAQ:CDNS) today announced the Cadence® Helium™ Virtual and Hybrid Studio, a platform that accelerates the creation of virtual and hybrid prototypes of complex systems.