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CDNSBullishAnalyst Target Updateanalyst
Medium materiality6/10

Baird Raises Cadence Design Target to $440

Oct 27, 2026, 7:32 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The higher target and substantial target-to-price gap are bullish, but analyst targets are opinions and the shares have already risen since the signal.

AI summary

What happened, with direct paths to the underlying reporting

Baird raised its CDNS price target to $440 from $420; the posted price was $322.17. The signal reports a 6.49% price change since issuance.

  • Baird raised its CDNS target by $20 to $440.
  • The posted price was $322.17, and the reported price change since the signal is +6.49%.

Key facts

  1. 01

    Target: $440

  2. 02

    Posted price: $322.17

  3. 03

    Analyst firm: Robert W. Baird

How to read this signal

Transparent limits for an AI-generated research aid

StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.

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