Cadence Design (CDNS) news

Cadence Design: Deutsche Bank raises target price to $420 from $400

Deutsche Bank has raised its price target for Cadence Design Systems (CDNS) to $420 from $400, maintaining a Buy rating, according to analyst consensus data as of . This adjustment reflects ongoing confidence in the company's long-term growth prospects, driven by structural trends in the…

ESG stocks rose in regular trading, with Cadence Design Systems up 6.9%, FactSet Research Systems gaining 5.2% and Intuit rising 3.3%.

Sima.AI: Round co-led by Fidelity Management & Research Company, amplify; participation from Dell Technologies capital, J.P. Morgan & others

SiMa.ai, a U.S.-based artificial intelligence chip startup, has secured a significant funding round co-led by Fidelity Management & Research Company and amplified by participation from Dell Technologies Capital, J.P. Morgan, and other investors. The round, which brings the company’s total capital…

Cadence Design shares gain 4% after co raises annual revenue and profit forecasts

Cadence Design Systems Inc.: Oppenheimer raises target price to $300 from $275

Oppenheimer & Co. has raised its 12-month price target for Cadence Design Systems, Inc. (CDNS) to $300 from $275, reflecting positive near-term prospects . The adjustment suggests increased confidence in the firm’s performance and potential for growth. The updated target implies a potential upside…