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Analyst Activity – Bank of America Corporation Raises Its Price Target On Cadence Design Systems (NASDAQ:CDNS) to $41.00

Analyst Ratings For Cadence Design Systems (NASDAQ:CDNS)

Today, Bank of America Corporation raised its price target on Cadence Design Systems (NASDAQ:CDNS) to $41.00 per share.

There are 1 sell rating, 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Cadence Design Systems (NASDAQ:CDNS) is Hold (Score: 2.20) with a consensus target price of $32.00 per share, a potential 12.66% downside.

Some recent analyst ratings include

Recent Insider Trading Activity For Cadence Design Systems (NASDAQ:CDNS)
Cadence Design Systems (NASDAQ:CDNS) has insider ownership of 2.55% and institutional ownership of 86.35%.

Recent Trading Activity for Cadence Design Systems (NASDAQ:CDNS)
Shares of Cadence Design Systems closed the previous trading session at 36.64 up +1.57 4.48% with 5,577,519 shares trading hands.

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