Needham raises Cadence Design Systems price target to $430
Bullish analyst target revision offers a substantial stated upside, though it remains a single-firm opinion.
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Bullish analyst target revision offers a substantial stated upside, though it remains a single-firm opinion.
What happened, with direct paths to the underlying reporting
Needham raised its CDNS price target to $430; the stated target is about 33% above the posted price of $322.17. This is a bullish analyst view, not a guarantee of upside.
Target: $430
Posted price: $322.17
Analyst firm: Needham
Analyst: Charles Shi
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